Monday, April 12, 2010

April 12 2010 Overlay and Trades



Tight and slow action today.

Definitely the secondary scenario described in the prep.

I took a long just after the open after the Globex low looked like it was going to hold. It was a decent trade.

I covered with a small profit after it became clear that the price was not likely to go anywhere in the day session.

Since the close, the price is moving down towards 1186.25. This was the original visualization from this morning's prep.

Let's see if it makes it by tomorrow morning.

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