June 6, 2012
- in Uncategorized by schooloftrade
No Volume, No market personality, bearish market sentiment earns EASY profit
Days like today are one of the reasons we are so confident in our simple day trading strategy. This morning was a classic example of a day in the markets where everyone came in ready to wait until tomorrow. We found out right away this morning the volume was low, the market personality was nothing, but there were quite a few BEARS out there this morning ahead of tomorrow’s major news at 830am EST. This morning we took our time getting started after we learned about WHY there was no volume, and we used this simple day trading strategy to earn just below 100-ticks of profit on a day when most professionals were playing golf.
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