Join me LIVE for NY Session! Yesterday I selected (3) pairs from the Profit Takers Alert Dash to follow.
Markets started trending around the 3rd hour from 10am ET for NY. With the exception of US30 Low of day reversal trade was at 9am.
Yesterday Monday 23 Trade Set ups that played out well. Monday often offers High/Low Day/Session trades. Unless Monday is a Day 2 like Oil. Shoot for Previous Day's h/l or current day session h/l for the target. Always use that for the 1st or 2nd target.Â
Oil 1HOW > 2 days from new peak high. Expectation short Trend Trade. Daily Range was not exceeded.Â
EJ 2 LOW > 3 days from peak low expectation continuation. Note that it can also present reversal. Daily Range was not exceeded.Â
US30 4HOW > 5 days from peak high, level 3 price action. Expectation either way, shorts played out for London and hit the Low for NY and W pattern.Â