Trade to Win - Proven Strategies to Make Money

(Steven Felgate) #1

c06 JWBT016-Busby October 10, 2008 20:38 Printer: TBD


FIGURE 6.7 A 15-minute chart of the Nasdaq futures on March 27, 2008. A sell
offered a nice end-of-the-day paycheck.

FIGURE 6.8 The general trend of prices throughout the day was down. After
2:30PMthe bulls tried to change the situation, but initially failed. Prices dropped
as low as the low 12290s. After hitting those lows, the bulls finally did make some
hay and pulled prices up a few points at the close. Nevertheless, those with good
tape-reading skills had plenty of time to take some cash home.

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