Wednesday, April 2, 2008

ES Market Structure - 04/02/08





Long Positions were the high probability trades in the morning session as indicated by Market Structure of a continuation of Higher Highs and lows.

The Lower High does not become an official lower High Pivot until a lower Low Pivot is made, which happened at 1370 after lunch. It is at this point that Short Positions become the high probability trade.

Charles

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