Wednesday, January 30, 2008

Soybeans - Much Improved Trading Conditions Today


Note from this chart that while the larger market remains somewhat erratic and indecisive (see 3 min chart on the left), the tick chart (right side and below) shows good movement that can yield strong profits by swing trading back and forth. These are good conditions for day trading. The past two days, I had begun to worry that market conditions and liquidity had been permanently altered that would make daily swing trading difficult.