THE CRAZY TRADING DAYS ARE BACK! Today, without question, confirms that the volatility is back in the markets. runnup of over 13 points in the ES only to be followed by a 6 point fade at the highs with lots of longs getting trapped. Leave it to the market to shake them out and resume the upswing late in the day. Market profile setups worked well and even some fib players would have managed their own. Taking 7 points conservatively for each contract traded.
Welcome September!
Wednesday, September 9, 2009
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