Daniel Mankani "DynamicTrader – Trend Trading Dynamics" Trading for a living, systematically profiting from longer term trends.

3Nov/11Off

What to look for in a change of…

What to look for in a change of short term trend? A bounce/dip completion and resumption of the longer term trend.
a) Previous key support zones are taken out.
b) Break of the up/down channel, if one was formed.
c) Both of the above, should end with a larger percentage change, than the previous week.

2Nov/11Off

ES to hold below 1238 yesterdays high for…

ES to hold below 1238 {yesterdays high} for attempt towards the 1200 handle. Downchannel peaks at 1255 area, expected and should hold, to keep the bearish view alive.