Friday, January 29, 2010

Friday, January 29, 2010

Recap: Extremely difficult conditions to trade this week and enlarged in today's price action. Longer term price anchor charts to be implemented starting Monday to accommodate increased volatility. This should keep point capture up with less trades and less stop out probes. Since Jan. 1, these anchors have provided nearly double the posted results and have avoided HFT stops patterns. Looking forward to taking a more tactician approach without fear of probe stop-outs. Negative day to end the week. 2-4, -6.75 point. We'll get them on Monday and look forward to a successful February.

Here are the trades today:

9:48   L  1084.25   +1.75
10:36 L  1092.00   -3.50
10:48 S  1086.00   -2.00
11:17 S  1085.00   +2.50
12:03 S  1078.25   -3.25
12:48 L  1083.25   -1.75 

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