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Bfbusa

Rollover day is on Thursday 7th December 2006

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Actually today looked real good for ER2. The swing was 7 points, up and down. Any good scalper would have had a good day with it. But I'm sticking to my rules so no trades today. Tomorrow is Non-Farm Payroll, should be exciting for forex.

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After our conversation today, you are probably going to think I'm crazy but if tomorrow was like today, I will take a crack at it. Your right about no reference points with the pivots. However, I did notice that the YM's kept to a descending intra day downtrend, thats be appearing more frequently since the daily trend line break, that was confirmed at 10:01am and confirmed broken at 11:52am for about 50 points.

 

I've posted a chart and will re-post this in a new thread in the Charts forum.

YM.thumb.jpg.7e13788c42ab53a82fc91735f5755239.jpg

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