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| TAOST Wrap Wednesday 29 August 2018 |
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Quote of The Day "Have patience. All things are difficult before they become easy."
-- Saadi
Crawl before you...
No I'm not #SOS (stuck on stupid)... But you'd be surprised how many people want to take things out of order... Walk before they can crawl... Run before they can walk...
Don't be one of the out of order folks. |
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ES 15m
Price danced around TAOST Balance Zone over most of the morning... It looked like that was how it would spend the day... And then suddenly... price took off... leaving the Balance Zone behind. Volume was muted again, but there's no way to deny the trend.
It will end badly with new longs holding too long and a dramatic down draft, so be prepared... but don't try to be early. |
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YM 15m
TAOST Hi Power Zone was the line in the sand for the YM today. |
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| TAOST Bias -- Account Balance $7,700 (yesterday correction) There were good Bias trade setups today, but I held back... mostly because of volume.
Click below to see Bias Trades... |
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Chart of The Day
Sangamo Therapeutics, Inc. [SGMO] I like the bounce out of the weekly TAOST Magnet Zone. Risk down to the bottom of the zone is not bad, so this is worth a good hard look.
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
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Copyright The Art of Simple Trading, LLC 2018 All Rights Reserved |
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