Tuesday, November 3, 2009

ES Emini Futures Trading Morning Review 11/03/09




We finally get a narrow range morning.

On fading short-term corrections for scalping trades, I have a tendency to enter a little too soon. After the $TICK hits a Bollinger Band, it pays to wait for that 1-minute up or down bar. Notice how the momentu continues after that bar, especially on a narrow range day.

Charles

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