Done for the Day.

A pretty slow / dead day. There was money to be made / lost but I did not want any part of it. A big part of trading is know when to pick your battle and I just didn't see it today.

I called it. Still @ Zero Trades.

Earlier today I made a post saying it looked as if today would be a normal distribution day, it turns out that I was correct. However I still haven't made any trades on the day because sometimes these type of days can be the most dangerous. What appears to be a slow day just sitting in a tight range can sometimes explode and blow up in your face. I am waiting to trade an explosion if it does not occur I will end the day @ 0/0 which is totally awesome! No losing trades is always a good day.

Zzzzzzzzzzzzzzzzzz

BORING DAY. Do not fall asleep and don't get bored into trading this crap. Wait Wait Wait! If it does not come tough shit. You are not supposed to give your money away if you are trading this shit right now close out your position your wasting your time.

Battle for Control

It appears as of now that no one is ready to try and take control of the day. I am sitting back until I can get a better picture of who is going to win this battle. Notice how net longs got to around 10,000 then we broke and shorts got to 14,000 but then we pulled back 7,000 shorts just recently.

Volume Distribution.

Volume looks early on like this could be a normal day. I highlighted the regions I believe to be safe areas to buy and sell. Look to sell around 1106 and buy around 1100.50 only if you are going to play this as a regular distribution day. FYI I don't trade till after the first hour.