BIG PICTURE
TRADING DAY BAR REPLAY
- PRICES ARE IN UPTREND SINCE LAST 1 WEEK AND ARE FINDING RESISTANCE NEAR 8250 LEVELS.
- PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. BIAS IS DOWN GOING INTO THE DAY.
TRADING DAY BAR REPLAY
- 10:08 - PRICES OPENED AT BRN, ATTEMPTED TO GO BELOW PDL, COULD NOT SUSTAIN AND IS NOW TRADING WITHIN PREVIOUS DAY'S RANGE.
- 13:15 - PRICES HAVE BEEN TRADING IN A RANGE OF 35 POINTS AROUND DO, BRN, PDC.
- 15:30 - NO TRADES TAKEN. PRICES HAVE REMAINED IN A RANGE OF 60-70 POINTS FOR THE PAST 3 DAYS.
Guru
ReplyDeleteTry to find setups at the range extremes during such time. There will always be one or two setups at extremes.
URD