Ibm & Ym

Discussion in 'Trading' started by CONR, Jan 20, 2007.

  1. CONR

    CONR

    With IBM getting hit hard yest. and pulling the Dow down with it while pretty much everything else was going up, does this type of situation present a disadvantage to trading the YM as opposed to the ER2, NQ or ES? Wouldn't watching the Tick, Trin, etc. become less valid as well?

    Thanks.
     
    #1     Jan 20, 2007
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  2. nazzdack

    nazzdack

    Focus on price movement of the underlying instead of the behavior of "technical" indicators. That'll keep you out of a lot of trouble.
     
    #2     Jan 20, 2007
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  3. Qwerty

    Qwerty

    Quote from Nazzdack:

    Focus on price movement of the underlying instead of the behavior of "technical" indicators. That'll keep you out of a lot of trouble.
    _________________________________


    You hit it right on the nose, I could'nt have said it better, price is KING, price is the premier indicator.
     
    #3     Jan 20, 2007
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