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Mentor Mike’s Daily Turning Points for Monday 7/11/11

11 Jul Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Monday 7/11/11
Mentor Mike’s Daily Turning Points for Monday 7/11/11
 

 

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: 3 wins / 0 losses; ES: 5 wins / 0 losses

 

Chart Chat

Today the EUR/USD had four turning points evenly spaced throughout the NYSE day session.  The ES had a HI-LO-HI, with a tiny zig-zag between the LO and last HI which were skewed toward the end of the day.  FYI, I am around the rest of this week and next, but thereafter I will be on vacation from July 24 through August 14.  Have a great evening.  Be back tomorrow.

 

Please click on the charts below to make them larger.
Chart #1
Chart #1

 

Chart #2
Chart #2