Most Boring Trading Session Evar

Discussion in 'Trading' started by Roark, Jan 31, 2011.

  1. Roark

    Roark

    Kospi trading is coma-inducing dull today and I'm in the red from a failed break-out trade. Do you think the action will pick up towards the close of the session or is just going to be dull all day?

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3077280"
     
  2. did u catch the breakdown? or did u fall asleep from boredom and miss it?
     
  3. Roark

    Roark

    Finally some excitement! I take back my accusation of most boring trading session evar. Actually, I did doze off. Fortunately, though, I had a break-out order pending and it caught the trade. I'm still in the red slightly, down by about 33,000 KRW. The market first bores you to death and then scares you to death.
     
  4. The "good" thing about narrow congestion ranges is that the eventual breakout can be trendy and persistent. Avoid the urge to guess one way or the other before it happens. :cool: