Wednesday, 22 April 2009

ES trade on Tuesday


Hi Everybody,

As usual, let’s start with a look at the larger degree trend using the 15min Charts. If you look to the right you can see how the ES put a low in right at DP support on the 15min Chart , so the “larger degree” trend (on the 15min Chart) was up for shorter term trades on the 3 and 5min charts.

So now let’s move over to the 3min ES and see what unfolded....

Steve