I am very excited about today’s posts as we will all see my favourite setup later. But first, let’s take a look at the 15min Chart.
As you can see, the day started with a 15min Down trend, until the 15min ES reached the DP level, where the market stopped and reversed perfectly. In fact we had an automatic DP buy at that low. So this then turned the trend to up for the rest of the day.
Amazing how well these DP’s levels work :)
Thanks, Steve