Hi Everybody,
The ES on Friday was a perfect example of how traders need patience as well as discipline.
After a good day on Thursday, Friday was quiet. Why do I say this ? Well, (as usual) lets set the larger degree trend with the 15min Chart. As you can see, the 15min ES was up off the DP and Wave C low the prior day. So you should have been looking for buy setups on the shorter term 3 and 5min Chart during Friday.
So let’s see what unfolded in the next post......
Steve
The ES on Friday was a perfect example of how traders need patience as well as discipline.
After a good day on Thursday, Friday was quiet. Why do I say this ? Well, (as usual) lets set the larger degree trend with the 15min Chart. As you can see, the 15min ES was up off the DP and Wave C low the prior day. So you should have been looking for buy setups on the shorter term 3 and 5min Chart during Friday.
So let’s see what unfolded in the next post......
Steve
Posts
