My opening trade of the day came in the bonds or the ZB market. The trade was taken off the 2nd GreenBar and not the first green bar. The time of the trade was 9:05AM Eastern Time.
Why the 2nd Green bar? Here is my reasoning for what it is worth ... the 1st green bar pulled back after going up so I stood aside to see what the next bar would do. The 2nd green bar closed above the open of the bar, and more importantly closed above the close of the 1st green bar. This was a VALID SIGNAl for me to go LONG and attempt this trade.
Trade was a winner!
Next up ... ES winning trade!
Best Wishes,
David AKA Tiger
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