So far the SPX appears to be consolidating after the morning
advance..if this continues then look for another test upward later
today. Should this occur, I would favor some type of pullback
tomorrow. Again, respect price action and your accompanying
indicators.
Comment
Posted by steve on 21st of Jun 2011 at 01:02 pm
So far the SPX appears to be consolidating after the morning advance..if this continues then look for another test upward later today. Should this occur, I would favor some type of pullback tomorrow. Again, respect price action and your accompanying indicators.
Nice when a plan comes
Posted by steve on 21st of Jun 2011 at 02:39 pm
Nice when a plan comes together
I think the /es futures have resistance at 1296 after 1290
Posted by zach06 on 21st of Jun 2011 at 01:05 pm
If the Greek gets a vote of Confidence...the market will probably sell the news.?
zach06,the question is will you bet money on it?
Posted by kobie on 21st of Jun 2011 at 01:07 pm
one way or another I bet money on something everyday.
Posted by zach06 on 21st of Jun 2011 at 01:08 pm
Goldman selling in the pit
Remember BIG money is made
Posted by racer999 on 21st of Jun 2011 at 01:10 pm
Remember BIG money is made on riding the trend; not trading the noise.
Question? Is the trend up or down ?
Posted by Tango on 21st of Jun 2011 at 01:11 pm
It all depends on your time frame.
Riding a TREND usually means
Posted by racer999 on 21st of Jun 2011 at 01:14 pm
Riding a TREND usually means in a long time frame;
Short time frame is merely trading the noise- not to mention intraday
racer999,then I like trading the "noise"!
Posted by kobie on 21st of Jun 2011 at 01:29 pm
Then best way to do
Posted by racer999 on 21st of Jun 2011 at 01:31 pm
Then best way to do it is to trade via a statistical system/model.