RTH started firmly but at the time of writing - just before lunch NY time - price is developing value inside yesterday's VA. The ES has had some nice trades lately.
Thursday, 10 May 2012
The Turn?
It's morning now in London as I start this post. The ES made higher value yesterday in RTH. Today will tell whether this down swing is over or whether we will dip down again. ES is firm this morning and made a higher low on my 3 tick Renko chart.
RTH started firmly but at the time of writing - just before lunch NY time - price is developing value inside yesterday's VA. The ES has had some nice trades lately.
RTH started firmly but at the time of writing - just before lunch NY time - price is developing value inside yesterday's VA. The ES has had some nice trades lately.
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Like shooting fish in a barrel you just have to learn what to look for. I took the same RTH trades but with 1.25 Range bars as the picture is clearer to me.
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