09 March, Daily Pre-Market Report
Very quite day for the S&P’s yesterday, we are currently looking at a 60 min play for Dow e Mini Futures, however it is a very aggressive counter trend scalp trade, which has a low probability of working but historically its a very profitable trade. The Russell has already made new highs for 2010 is this index going to be a leading indicator for the S&P’s. I will not be in the trading room today.
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Martin Thomas is a retired investor, he is a consultant to hedge funds specialising in enhancing trader performance. He founded the Genius Trader Ltd in 2006. He has been advising traders since 2005. He is a guest speaker at Anthony Robbins Wealth Mastery Seminars.