Nails high and low of the day !

But for me, the most amazing chart yesterday was the 5min YM, where DP’s nailed both the high and low of the day for you !

I think that is amazing.................................

Thanks, Steve

3min NQ Chart

The clearest signal was on the 3min NQ, where we had a TS3 sell early in the afternoon. But first notice how the buy (triangle) earlier would have been avoided as the larger degree trend was down at the time, and then how the sell at the end of the day would have been avoided, as there were also against the larger degree up trend at the time.

So the best signal, that also fell in line with the larger degree trend was the TS3 sell.............

The NQ declined into the first profit target where +2R Profit was available (ignoring slippage and commission).

Thanks, Steve

Larger degree trend

Hi Everybody,

Looking at the 15min Charts of the 4 US e-minis yesterday, the clearest picture was on the 15min YM. Where we made a high right at DP resistance. Then a decline followed into the opposing DP, where a low unfolded.....

This set the trend nicely to down into the lower DO, then up into the close.

So now let’s take a look at a 3min Chart to see how the automatic setups “fitted in” with this larger degree trend picture...

Thanks, Steve