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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: coug who wrote (4311)9/18/1998 11:45:00 AM
From: SE  Read Replies (2) | Respond to of 44573
 
Sure is quiet today. Made a couple on the early dumping, but now that it is range bound and tight I am on the sidelines. Would not be surprised to see it remain this way the rest of the day. It is days like today that I get whipped using my methods, so I will wait until volatility returns.

Anyone doing anything or seeing anything of import?

Interesting that the 200 period ma on the one and five minute charts is almost perfectly horizontal. This probably won't be resolved till Monday.

It also appears we have a nice rectangle consolidation pattern forming. I cannot recall what that means in terms of TA from Edwards and Magee. Anyone else recall off hand?

-Scott