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