A MARKET 180 AS SEEN THROUGH BOTs 1/15/13

BOT TRADING SYSTEM


At the end of yesterdays trading, we were seeing sellers at the return to the LB.  A bear TL developed and the after hours came alive

A nice range run with PA stalling at the TL.  The best the bull could do would be a return to the SB,

and more sellers for a BO-5 run in the Euro Zone.  Nice after hours!

OK, follow the rules.  Use some eye drops to get the red out, look for a FBO run back to the SB.



US OPEN

With PA in range trading there was no noticeable change in the levels.  We would see why after the open...

Buyers create the FBO, we cross the EMA at the open and return to the SB.  PA creates a higher low at the SB, and we finish with a range run back to the LB.

A market 180 as seen through BOTs.