68 Ticks LIVE Trading Today! You gotta see this WAVE Pattern!

The Market Gives us clues today…

845am EST:

– Dollar Index futures are very quiet today, trading sideways, in a tight wedge pattern

o Speed of the tape < 100 (Red<100 = beware!)

o Average true range is at its LOWEST period in weeks (likely due to the Holiday today)

– Euro futures are very quiet today, trading sideways, in a tight wedge pattern

o Speed of the tape < 100 (Red<100 = beware!)

o Average true range is at its LOWEST period in weeks (likely due to the Holiday today)

1130AM EST

– Looking for the transition into lunch

– How do we know when LUNCH is actually here?

– How do we know when to STOp trading for the morning?

– Watch for 3 important things to tell us…

o Slower Speed in the market

 Pace of tape indicator (Red = Slow)

o Sideways Market

 Average True Range (dropping)

 Flat (horizontal) Trigger Lines

 Double-tops, Double-bottoms

o Less BIG MONEY

 Filtered Time & Sales Window

• How many orders are coming across?

• How quickly are they arriving in the market?

Dead Zone = 1030-1130am EST

– News is over @ 1030

– European session closes up, and those traders come join us @ 1130am EST on the US Session.

– I set my alarm for 1100am EST so im aware of

o What time it is

o 30 –minutes more of the dead zone

o Lunchtime may sneak up on me, so pay attention

3 trades today, 3 Winners

+68 ticks, $715usd

Only 4 contracts needed to achieve this today!

See you tomorrow @ 745am EST for the live trade room session!