I know the market is not behaving as many expect it to, but it has actually been very tame of late as I see it. It was driving me crazy a few weeks back when the reverses were coming every 1-2 days. We are now getting very nice 3-6 day runs.
I am still having a lot of success with SR60. Maybe I was a little lucky last week, but I do have many months of good results. I was not having any success with daily bars which is why I converted to 60min bars about 18 months ago.
SR60 was up 5.5% last week, up 10%+ for the month and 27%+ for the the last 3. My trades are logged and chart marked up in my iBox. Maybe you have seen what I do and have decided that my trading style is not right for you. I can understand that.
My key rules:
Rule #1, don't listen to any TV
Rule #2, don't think about what the market should do.
Rule #3, just trade my chart and the reverses as they appear.
Probable going to get toasted Monday at the open as the Euro rumors fade, but at least I do have a nice profit cushion. Good luck.
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