Re: ESM12 -17APR12 - * Possibilities? **Jacko *PIC*

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In Response To: Re: ESM12 -17APR12 - * Possibilities? ()

Jacko. Here is a set-up that works well for me. The previous day I set up the S/R levels the way I understand the market, what flows best for me. I like Fibos and Degrees, so my set-up is base on some of those variations. Nest day the market opens and as the day unfolds you will see some Fibonacci extensions congruent with the levels you had and/or a meridian line with the price printing right on one of those levels, when this happens, it's most likely that an important turn is about to take place.

The chart below is from 04/13. The levels you see there are the previous night set-up.

The set-up helps me to keep focus on my daily goals.

I hope this helps in some way.