Sep 192014
 

Just to support what I showed you in the video in the previous post (Finding Turn Around Points), I want you to see – it happened again today, and I took a 2 point trade off this signal.

The two green arrows show the signal. The ES dropped to the support line (top green arrow) and the TICK dropped below -700 (bottom green arrow). I took a long at 1715.75, for 2 points. If you traded 10 contracts, and took that trade, you’d profit $1000, minus commissions.

MarketBehavior19Sep2013WithArrows

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98 − = 88