Monday, June 22, 2009

Don't do what I do...low volume afterhours /ES plays

Watching paint dry is actually more exciting than after hours futures trading.
The "MM" whomever they are at this hour WILL run your stops.
So when would it make sense to place capital at risk....well, A Fib and a Bear Flag would be a good start.

And a channel line

And an intermediate trend that seems fairly clear. Time will tell.

Lets Back up a little to see another reason to stay short a least for the moment

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Insightful and Useful Comment!