Tuesday, March 27, 2012

waiting for key time - breaks

Market signals were bearish but mostly mixed... so trend down all day but slow... no reason to trade

But then 3:15 -- we know funds enter and the break lead to a super trade with no heat.  Waiting for key times during slow/mixed signal market is key.

The only other thing to do was to trade the edges and get 10 or 15 ticks here and there as there was not going to be any big moves until larger players entered end of day.

No comments: