Several nice trades early in the day, with the 9:30 move a very nice trade. The rest of the day the market traded in a narrow range and I probably should have stopped, but I was feeling stubborn, eeked out a few gainers and suffered a few losers.
Chart courtesy of AMP Trading, get a free demo account and paper trade.
You can get a demo account, using Ninja Trader and practice to your hearts content at the above referenced link. You should be able to consistently, say five days in a row, post profits before you start trading a live account. Read some of the archives for my particular trading style, or apply a style you have studied to perfect your trading before you go live.
The numbers this morning were not particularly compelling, and after a quick sell off, the market seems to have shrugged the employment figures off as “par for the course.” There was nothing unexpected in the numbers and employment continues to an ongoing problem for the US economy.
A nice day of trading though there were some very choppy periods. No big gainers until the end of the day…most of it was 10 point stuff, especially later as the range narrowed. Had a couple of losers on trades that didn’t really develop.
I traded the YM contract today, for no particular reason other than I felt like trading something different. Only two trades and the market flattened out. The second trade was a good fade trade though I, as usual, bailed out at 40 points, and left some money on the chart.
|
|
|
