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Old 05-13-2008, 05:51 AM
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Join Date: Apr 2008
Location: UK
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Re: Es - 2008

Sorry, it's a day late... ended up going to a bbq straight after trading.

Monday was a pretty easy trading day, with various trades on various time frames. The first trade that you should of been looking for was the trade from the previous days poc. The 5/9 formed a good area of value on the daily profile. On monday the inital balance opened higher and we traded back down into support (5/9 poc) which was 1388.00. See screen shot below.




The exit target for this trade was 1403. Why 1403? well it was a key sysmetric profile trade. Range of previous day was 10 handles, and the high was 1393. Add the two together and you get 1403. Profit was a clean 15 handels.


Like i said in the previous post, to be successful at using the profile you must sit and watch the day unfold and look for the developing value areas. So if you missed the first trade, all you had to do was wait for new value to be formed.

Buying was initiated in c period with a rotation back down into the high of the inital balance in D period, thus giving a small area of value to trade off. The poc of the value being 1395, which was bought during E period. This was trade number two. See profile below




I'd give you the third trade but see if you can find it yourself. Post the banter you come up with and i'll have a look later.

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