One of my favourite movie lines in years came from Daniel Day Lewis in the movie "There Will Be Blood":

"Imagine..." his character said: "that I have a very long straw now. And I take my straw and I put it in your milk shake. And I drink your milk shake".

In my own humble opinion the way to drink not only our own milk shake, but the other milkshakes around the room is by knowing how to identify shifts in the short-term trend.

Below I've posted the 60 minute chart where I've identified the two candles today when/where we saw a shift in the short-term trend for that time frame. At the close of the candle marked in blue the short-term trend shifted higher, and on the close of the candle marked in pink the trend shifted lower. I've also marked the candles on the 15 minute chart that correspond with the close of those reversal candles on the higher time frame.

We can also see w/ or w/out indicators that the secondary trend on the 60-minute chart was lower all session, as was the primary or longer-term trend.

Click to enlarge

Click to enlarge

Nothing complicated here. 

Contact Info:

Jay Norris
Local: 312-896-3986
Toll Free: 800-971-2154
Website: www.BrewerFX.com
Educational Website: www.brewerfx.com/jnorrisedu/


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