Subject: 6 August 2018 Wednesday TAOST ES & YM Power Zones Wrap

TAOST Wrap
Monday 6 August 2018 
Quote of The Day
"Never let someone convince you that you can't because they couldn't/can't." 

-- The Trader

Today's price action started heavy, but the overarching context won out and drove price higher by day's end.

ES 15m
Price challenged the intraday TAOST Balance Zone first... held, then drove higher through TAOST Hi Power Zone.  After peaking a bit above a TPI price pulled back to TAOST Hi Power Zone.

YM 15m
The Dow Mini forund a floor at TAOST Balance Zone (even though it broke it) and a ceiling at TAOST Hi Power Zone.

SPX Index Daily
TAOST Bias Equity Curve 
This would make the average person pretty happy.
TAOST Bias Per Trade Results (Ticks)
It should be pretty clear that the expectancy here is positive.
TAOST Bias -- Account Balance $5,630
A 25% win rate today, but achieved DG.  Now that I think about it, Friday's win % was only 17%.  

That sounds easy I'm sure, but truth told an inability to lose 3 out of 4 times and stay the course is why most people can't trade profitably...

Click to see Bias Trades... 
Chart of The Day
United Technologies Corporation [UTX] is today's chart of the day.
As always, make up your own mind and mind your risk no matter what you do.​​​​​​​

KIS,
The Trader​​​​​​​​​​​​​​

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