Friday 1 June 2012

ES and TF action on NFP day

As I did not trade today, I was watching all 4 instruments that I usually look at, but was not too focused on anything except gold today. I have done an end of day analysis on TF and ES on the charts just showing the S&D zones.  I was amazed that the supply level formed on the NFP announcement worked really well for both these instruments.  See the beautiful level on the 1K tick chart for ES, that was worth 19 points into the close.






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