Notes
- In this lecture, Michael comments on the movements of the ES before and after the CPI announcement.
- Being consistent with a single reliable setup is better than forcing multiple trades.
- Day traders try to capture the daily movement or a larger part of it, i.e., the movement starting around the open and ending near the close of the day.
- Intraday traders and scalpers capitalize on short-term moves within individual sessions, e.g. New York Morning or Afternoon sessions.
ES - Consumer Price Index Announcement
ES - Taking Partial Profits
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