Thought of the Day…

Originally posted on 50 on Markets:
“In my experience, I have to say that there was very little critical difference between the net winning traders and the net losing traders in most areas. All of them had good understanding of the basic market fundamentals, used a solid technical analysis or research of some kind, and exercised…

$ES_F – June 25 2013

Market held mid-point of uptrend that I was watching. Also held VA of lower balance. Currently trading around MCPOC which moved down today from 1584 – if it can hold here without selling off then it could extend range on a squeeze (yesterdays late shorts keeing this up). Cash gap 1586.75 – another NVPOC 1596.…