Memorial Day 2013 – 30 Ticks Upside

Market Recap

Market Recap

Short trading day. Holiday here in the USA.

A shout out to all those that have served and perished in the name of freedom for our country…I/we remember today. Fascinating though that in places as Okinawa, Japan – memorial day is everyday. A morning customary ritual to thank those that have served before. Something we could probably use more often.

Moving in to price action today. The Russell had an opportunity above the 25m open range supported by a variety of other charts to jump 20-30 ticks pending entry. Not a bad gain even on a slow trading day. I myself did not trade today.

Trading Lesson: It doesn’t matter the day, stick to your trading plan, and execute based on the setup. 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s