Tuesday, July 28, 2009

July 28 2009 Prep Overlay No Trades Today



There were no trades for me today. The inside support of 969.00 was tested and held after a failed extension attempt.

Market is constricting. The only possible trade for me was a long at 969.00. I could not buy without confirmation according to my plan. It would have been stopped out close to the extreme low tick if I had.

There was a good confirmed long entry after the failed extension attempt but I missed it. There will not be a C- issued because I was dealing with some Ninja Trader technical issues for 1/2 the day today.

I will post the missed entry with a marked up chart. It is not too often that I have no trades. We will have to improvise with a green outlined sticker for no trades.

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