Tag Archives: Day Trading

ES testing Major Support MS

Posted on May 18, 2016 by TraderHank
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  Price is currently trading @ 2037.50 and looks like it’s going to test the Daily MS area at 2054.50.  A break below MS will confirm our newly formed downtrend on the daily chart.  050182016 ES Daily After a year … Continue reading →

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The 60 minute chart is your guiding light…

Posted on April 28, 2014 by TraderHank
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Today’s price action in the market reminded me big time on how important the 60 minute chart is when determining if a lower time frames setup will workout or not.  The first two hourly bars were green but the 3rd … Continue reading →

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