Wednesday 12 May 2010

A quiet day


Hi Everybody,

Standard traders on the US e-minis had a quiet day yesterday. As you can see from the 3min ES chart there was very little action yesterday.

As you all know, this is just part of the “Cyclical Nature of Trading”, where we get quiet times as well as losing trades as well as the good time, when the profits arrive. This is just the natural way market unfold. So it is something all professional traders accept and learn to deal with

Thanks, Steve

However, there was a nice “gap open” play for the Advanced Traders among you