Wednesday, December 24, 2008

A Slow Market - 12/24/08

No money was made today due to slow market and a choppy one at that. E/U was stuck in a tight range and I wasn't about to sit around waiting for it to break for some low probability trade to develop. To show you what I was working with here I have provided a picture of the rainbow in the tight range/chop that provided a very uneventful day. No clear buy/sell signals in this market so we will preserve our capital and live to trade another day.