Friday, October 8, 2009

Horrific price action ala day before July 4th. Only difference is it the day before Columbus holiday. Futures markets will be open on Monday but it appeared the pit boys went home early. Only two trades today and one of them pre-market. Fib confluence acting very well of late, particularly since the CME unbundling of tick feeds and our modification to a 1280 tick chart. Will continue to do so as long as the results are still there. Backtest showed our original 512 tick chart proved more erratic since the CME change. Will take the 2-0 and 3.25 ppc to the books on an underperforming but positive week.