Friday, January 19, 2007

Daytrading the Russell thanks goodness it's Friday


The second bar today, took out the low of the first bar without taking out the high for a short, that was pretty simple.

Then dropping down to a 70 tick chart, when the stoch went to oversold and the price took out the high of the last bar, it was half off and move to BE. The trade lasted a whole 4 minutes as the market decided to slop and clop around today.

But again, follow the rules that I use, managed it the best I could and made some lunch money......just no dessert again today.

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