Wednesday 13 November 2013

Today's EOD charts for ES and CL

Looks like I was wrong about the Buying Climax as ES continues to make higher highs.

I took a couple of very good long trades on CL today, one at the open and a good Retrace, Base and Break set up. I did see a very good counter trend Engulfing set up on the 700 Volume chart at a good supply zone, but I declined it as I am trying not to take counter trend trades any more.

However, I did not take any ES trades, and there were quite a few buy trades at good demand zones on the way up, after I had seen a change of trend signal on the 6 range chart.

Here are the charts.
































No comments:

Post a Comment