This market is some kind of sick joke, heck now the range we have been in for the past 26 trading days is know longer holding. Well maybe we are moving into a new range 10500-10600 something like that. IMO this is one sick market, no follow thru up or down just ping pong trading. Chart analysis is almost useless, ok I feel much better now. Ready to rally into the close lets go giddy up little pony.
Take out that little blip down in June and we have been moving sideways in a 200 point range for 4 months, last year looks like a bonanza compared to this one. And I remember everyone complaining about last year, me included.
This is reply I just wrote in another threads: http://www.othernet.org/ Dozens of free rooms, with thousands of traders there. Markets include futures, equities, forex, regional markets etc. Software to use: http://www.mirc.com/ there are also other s/w as well as Java-clients that can be used to access IRC: http://www.ircreviews.org/clients/
I don't know squat about computers. We can start a room on Paltalk . I think up to 10 members is free. We need to open in Misc. section. Not business. And the name of the group has to be non trading related. I already got few PMs, so lets do it. Who wants to volunteer to be board manager?
I'll tell you what im up for and thats a break from this sloppy directionless market, I am going to sit on the sidelines till some sort of direction shows up. This tight range trading is not my style of trading, I have scraped some profits from it, but for some reason this blind style of trading makes me uneasy. Cheers!