The Ceiling & The Floor


"Markets take the stairs up and the elevator down... if they're lucky."

--Unknown 

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Price behaved properly today... from my perspective anyway.

As I've said many times, TAOST Power Zones are powerful... see what I did there?  Yeah, yeah, I know.

At any rate, today was another powerful example of the zones in action... okay... I'll stop.

Maybe.

I probably can't, so what I'll do instead is walk you through 3 charts across declining timeframes to illustrate the pow... strength of the zones😇.

1 Hour Chart [Clean]

Just a quick look at today's 1 hour chart... without TAOST Power Zones.


1 Hour Chart 

Even with no annotation, you can see how price responded to the zones.


15 Minute Chart

On the 15 minute, we get a better look at the interplay with the zones.



5 Minute Chart

The 5 minute shows how you could have gotten more precise [used smaller stops] to take trades against the zones.


Once again, price danced against TAOST Power Zones today and allowed me to scoop a few ticks before I left the party.  Can you guess where I took out my scoop?

Mine is just one way to trade the markets, but hopefully, you're beginning to see it's a pretty useful way.

Hope it helps.