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No trade 13-Feb-2007

by Gav Leave a Comment

It should be a decent day for YM, though I am not trading it for the time being. I did not see any convincing setup in NQ futures today.

Though it gapped up in the morning, and market looked kinda bullish for the day, my conviction that NQ bulls were weak was rather strong, I would only consider short today. I might be right or wrong, at least I did not get chopped by the weak man NQ. No long position, and no short setup, so no trade.

Tomorrow is the last trading of the week for me. I am leaving to Malaysia on Thursday.

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