$ES weekly range

Chart of last 30 weeks (excluding this week): Using data from 9/2011 to Present, green is above avg, red is below. Monthly range expanding, weekly range declining, volume below avg. Last weeks ES RTH range was 21.25 pts. Volume was around August levels.

$ES – Emini S&P Friday 18 October 2013

Emini S&P Friday 18 October 2013 – my take on the day: It is important to know the instrument you are watching. Looking at a chart of the rotations helps me not get greedy if the market shows me a profit of 10 ticks (some guys like paul-rotter-trader-monthly are just looking for 1 tick on…