You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis.
Scoreboard
EUR/USD: 1 wins / 0 losses; ES: 4 wins / 0 losses
Chart Chat
Today both markets displayed HI-LO-HI configurations – the opposite of yesterday. This alternation of the turning point pattern happens most days, but is disrupted when there are two or four turning points. Have a great evening. Be back tomorrow.
Please click on the charts below to make them larger.
Chart #1