Markets seek value and then move away from value. This quest for value creates asymmetric trading opportunities. This is an attempt to identify asymmetric trade opportunities. Market profile terminology is used without explanations.







Thursday, December 23, 2010

Trade Plan 12 - 23 - 2010

The VA continue to rise, but close was below previous days VA. Clearly this signalls a downward bias or opportunity in short side. Retest of yesterdays VAL is a goood opportunity to go short. Some other trade ideas marked in chart.



SL is 10 points.
Posted by at

1 comment:

Subscribe to: Post Comments (Atom)