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Anyone get a good result from their indicators? Go ahead make me feel bad! :>
Max
This is not to make you feel bad, but if you were daytrading the bonds, this
is how it went:
Opened up, bu failed to go through R1 or yesterday's high. Came off gently
and stalled - leaving a down tick to take out stops before heading North.
Crossed R1 and yesterday's high (you were long, so not looking to reverse!)
and went sideways for an hour or more (still no reason to come out or reverse)
then it started upwards and when it stalled around the high of the day (rather
late in the afternoon!) you should have come out with a modest 15 ticks -
before it reversed off and closed 5 ticks down from your exit.
Even if you had left it to close on the close of day, you would have had at
least 10 ticks per contract, with not much effort or risk. Not a wildly
exciting day - but it pays the mortgage!!
Bill
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