Want to lose money? Try to trade this! Even the tick chart is too erratic to trade profitably. The Bollinger Squeeze indicator, shown here, has turned to all red dots, which indicates that volatility is too low to place new trades.
Even the 3 min chart, shown below, has a trading range too tight to trade right now. Eventually, it will give way to greater volatility again.
Time to trade wheat, which shows better volatility today.
Thursday, January 24, 2008
Can't trade this, don't try
