Monday, October 15, 2007

Futures - watching for now

I am sitting on my hands this afternoon for two reasons: (1) no momentum triggers, and (2) still within doldrums range (range on the YM established between 9:00 and 10:20 Cali time). It's a new rule I am working with this week, so I will post how it fares with momentum indicators and price movement. So far, we have been chopping back-n-forth within this range since 10:20. As I am finishing this post off, we are entering a heads-up for my momentum indicator. We are well within the doldrums chop zone, so it will be interesting to see how this plays out.

No comments: