« President Day ? | Main | Stochastics up, long -> $100 profits »

No trade today... Moving averages flat, No signal

5 min Emini Nasdaq 100

Hi,

There is no trade today... There is no obvious trend as indicated by how moving averages behave... They are basically flat and price is hovering sightly below it..

Next, if you look at stochastics and short-term MACD, there appears to be signals when they cut the signal line, but I did not go in because of the price action..

NO TRADE TODAY.

Posted by Michael Taylor on February 18, 2009 5:46 PM |

TrackBack

TrackBack URL for this entry:
http://www.daytradeemini.com/cgi-bin/blog/mt-tb.cgi/489

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)