An index futures trading journal.. and the occasional off-topic blog

Wednesday, July 18, 2007

I closed about 7 points today with a long trade at the green arrow. Some other trade confirmations were that fact that the price was consolidating at major support and price was also clearly bottoming out on the 5 minute chart. Strong volume today and buying pressure on the daily candle suggest that tomorrow might be bullish.

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I am a full time systems engineer and a part time futures trader. I'm aiming to become a full time trader in the next couple years.