After taking some time to lick my self inflicted day-trading wounds I have slowly brought my trading plan in fous and have resolved to get back on track. With recent loses in mind, I took a step back, re-wrote my trading plan and committed myself to the plan. I woke today with the thoughts of playing a rally out of the Euro close into weekly options expiry - I...
Here is a really nice example of the BoT in action. Price had been basing through the overnight session as a wide double bottom was confirmed through the pre-pit open. That bottom setup long ideas and sure enough the BoT came alive when prices corrected to 103.26. I watched price action closely and was very fortunate to act when given the opportunity (wtg Brian). ...