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: 4 wins / 0 losses; ES: 4 wins / 0 losses
Chart Chat
Today both markets appear to have produced four turning points, a rare but not impossible configuration. I used a MACD histogram and Stochastic combo. Have a great evening. Be back tomorrow.
Please click on the charts below to make them larger.
Chart #1