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Hi Everybody,
How these markets unfold sometimes still amazes me, just look at this example on the 3min YM. Let’s start with the “overview”. Here we had the YM rally up into DP support and made a high at 13:00EST. While this could have been an opportunity for a short trade here to take advantage of the next 5 wave decline, it is what happen next that truly amazed me.
We will take a look at this in the next post.
Thanks, Steve
How these markets unfold sometimes still amazes me, just look at this example on the 3min YM. Let’s start with the “overview”. Here we had the YM rally up into DP support and made a high at 13:00EST. While this could have been an opportunity for a short trade here to take advantage of the next 5 wave decline, it is what happen next that truly amazed me.
We will take a look at this in the next post.
Thanks, Steve