day trading emini

Chart Folder - November 12, 2003:

Wednesdays are usually bullish and when we have had a couple of down days it's a good day to get long.

After the failed 10 and 10:30 reverse time zones...I like to use the 10-minute chart and the Moving Average Strategy. We had the magic numbers, and stochastics was also a big help. I used the stochastics on my eSignal 5-minute chart as an indicator for overbought and oversold.

Take a look at this chart and you can see how you could have held on for the whole day. Let me know your thoughts and questions.

emini chart

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