May 9th 2013 Market Action

The two sided action today gave us some real nice opportunities for trading. We had a nice run down after the stall in the morning and then a nice reversal to take out the high. But the best opportunity came in late in the day where we had a classic last trapped trade setup for a nice short that took the market down about 10 points. I have showed the area of the trade on the chart. You too can be profiting from these moves. I teach these setups in my ebook and other courses. Don't miss out and pick up a copy of the ebook and you will receive 2 weeks free to the nightly support and resistance news letter.