Monday, December 7, 2009

12/07 Daily Summary

Today I re-start my trading business. I spent a couple of weeks totally flat and without any time to really watch the market and manage positions. As we approach the 35 days to expiration for the JAN contracts I want to start gearing up to enter my JAN/10 trades.

Bellow is Today's price action chart, one can easily see a quiet period on the 5-day price spike, however, that wasn't so quiet on a day-to-day basis as you can see on the 1-day price spike, we have had quite a few 1+ st. deviation swings recently.