Wednesday, February 10, 2010

Wednesday, February 10, 2010

Extremely nice order flow thru the IB established in the first hour. This IB to IB range of price action has occurred every day this week as the market attempts to find (and test) value. 'Secretariat' setup continues its movement with two trades today. Coincidentally, they were off major confluence: VAH of 1066.25 and the VAL of 1058.75. Gotta love it when confluence works.

09:55  S  1066.75   +5.00
12:03  L  1061.50   +5.00

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