Archive for ‘candlestick charts’

ES Emini Trading: Trade the Closing Price

By , 31 August, 2009, No Comment

Today’s chart, which should be directly below this post, illustrates something that I have a strong belief. I don’t know that my view is controversial, but as I watch people trade, not many are able to adhere to this simple principle: You are only interested in opening and closing prices in the time period you are trading.

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