12/22/2008

There has been a sighting

And there was much rejoicing.

A blue bar! A blue bar!

Actually 3 on the 5 minute chart, that last one is after 4:00 EST. The 2 short trend bars did not line up with anything on the renko or 1 minute chart. The big blue long 5 minute bar set up nicely with the renko and a new swing high.

So we have 390 minutes of trading to watch each day, we spent 386 minutes doing nothing, 1 minute of trading, and 3 minutes of joyous celebration.

Another exciting day in the life of a day trader.

5 Minute YM Chart

8 Tic Renko YM Chart

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