2/5/2008

Today was an unexpected day off, but I know that some of you were able to cash in on the three opening range trades today or even the one 1st hours range trade.

It always seems like when I am taken away from the market on an unscheduled basis that a huge move occurs one way or the other. No worries though, as tomorrow will bring yet more trade potential.

I hope many of you had a profitable day today and I will be posting the Pivot Points and Projected Range numbers for tomorrows trading very soon.

I am sure by now, as you have seen this all in real time, that you understand the power of such a simple tool of the Opening and First Hours Ranges as trading techniques. Use them to your hearts content and you will beat 99% of the off floor traders out there.

Wishing you all the best,

Matt