The Profile give me the "where" and I look to my bar charts with the usual indicators (for context) that I use and of course, with the order flow volume bid and ask information for making a decision about the "when".
Friday 1 May 2015
No Substitute for Preparation
I've often said in this blog: "The harder I work the luckier I get". Its Mayday and Mrs EL's birthday holiday here in Europe so I thought I'd share a part of my daily prep on the T-Bonds. As I write the 30 Years Bonds are trading around 159 12/32nds, above yesterday's value. The picture speaks for itself and lays out my trading plan for today's trade of ZB. The horizontal lines are support and resistance areas.
The Profile give me the "where" and I look to my bar charts with the usual indicators (for context) that I use and of course, with the order flow volume bid and ask information for making a decision about the "when".
The Profile give me the "where" and I look to my bar charts with the usual indicators (for context) that I use and of course, with the order flow volume bid and ask information for making a decision about the "when".
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