Hi Everybody,
We should all know about the Cyclical Nature of Trading by now, but it is always work reminding you all. Yesterday was a quiet day on the US e-minis with few trades. This is OK, because this comes on the back of some very good days recently. This is just because we have now entered the quiet period of the cycle. It will not be long before we get back to the profitable part. Again, this is just the natural way Profits and losses unfold in the markets
The YM did give us a small +2R Profit (ignoring slippage and commission) on the 3min Chart, but overall it was a quiet day yesterday.....
Thanks, Steve
We should all know about the Cyclical Nature of Trading by now, but it is always work reminding you all. Yesterday was a quiet day on the US e-minis with few trades. This is OK, because this comes on the back of some very good days recently. This is just because we have now entered the quiet period of the cycle. It will not be long before we get back to the profitable part. Again, this is just the natural way Profits and losses unfold in the markets
The YM did give us a small +2R Profit (ignoring slippage and commission) on the 3min Chart, but overall it was a quiet day yesterday.....
Thanks, Steve
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