Monday, 16 July 2012

Was The Market Closed This Morning?

I couldn't find a trade this morning, London time. The NY stock market just opened as I'm writing this. The range in the DAX has been only about 34 points. Friday was about 140 points.

I finally got a trade. The DAX was in a downtrend, although the bar chart looked sideways. It would only be a matter of time and it would break down. And it did. I covered at the oversold bigCCI. Just after I did, Flo took a short and covered at her 5 point target. Ching, ching. I'm now looking at putting on an option trade. Have a look at the option blog tomorrow and I'll report what I did if I get filled.

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