Monday, February 8, 2010

Monday, February 8, 2010

Recap: Wild swings all day forming a V pivot and ending down over 100 points on the day. The best action was in the globex session where price tested the POC and VAH and then back again (if you had the nerve). The setup of the day was for the IB high to the POC (if you had the time and nerve!). Caught a piece of both but gave back 3 opportunities that flashed itself in value only to be rejected. Globex nation. continues to impress. We'll look to see if that 1060 area will be tested in the globex, perhaps after a test of the 1053 lows.

17:12  S  1061.75  +3.00
07:44  L  1058.50  +3.00
09:52  S  1057.25  +2.50
15:14  S  1059.00  -2.50
15:37  L  1059.25  -2.50

No comments:

Post a Comment