L2ST Market Profile Trading - Daily Recap 01 09 09

Great long right off the open today, off support at Mondays Value Area Low. We then traded higher right upto the Point of Control of Fridays Trading Session at our pre-dfined target of 1027.50, where the buying was finally cut off, and iniated sellers entered the market, and then we never looked back! Massive 30+ (120 Ticks) Points to the downside!

We balanced most of the afternoon in a range that we highlighed in the trading room. We formed a custom Profile for Trading this intra-day Value Area for those that still wanted to do business.

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Education

Tags:

• Market
• Profile
• Trading