Thursday, 20 October 2011

Biz As Usual

Morning in London was quiet until there was a pop in the DAX mid morning and then it went quiet again. I was glad of the trades I bagged.

RTH in the ES opened with a flurry. Lots of volume. The HFTs were fighting amongst themselves. It was very visible today at the open.

I had 4 good trades in the ES in RTH. The first two were a bounce off the Fib support as order flow turned. The third was a double top against what was a cave in the profile when it happened, as was the fourth up against the DVAH as well.

There should be a break out later in the day if people start thinking about the news here in Europe.

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