Tuesday, 24 April 2012

Waiting to Rejoin the Trend

Yesterday, the DAX finished with a change of trend to the upside. As I'm a day trader (and a very short term one at that), I couldn't carry a position over night. So when I woke up today, I checked the overnights and saw that the ES was finished. I then envisioned the possible (NOT probable) range for the day. The next step was to find entry levels where I could look for entries as the market unfolded. I used both the Market profile and my Renko charts.

The chart below is the result. There was another trend change during the day. Not hard to spot.

1 comment:

  1. jenrique42
    I just saw my last post published at least one day of delay

    acabo de ver publicado mi ultimo post con un dia de retraso