December 31: Market Recap for Tuesday

Hi everyone and welcome to the last video update for 2008! It’s been a great year for daytrading with so many opportunities every day, the increased volatility has provided us with plenty of intra-day movement to capitalize on and I hope you all took your fair share from the action. On to today’s video update, there wasn’t an awful lot to talk about from yesterday’s trading as we wind down for the year but even on a quieter day we still have;

• Yen inside-outside-inside pattern setting up on the daily chart and how you can trade it.
• ES 3X long setup review from yesterday’s trading, profit targets and price action commentary.
• ES Dragon pattern we have setting up on the 60 minute chart, Rick shows you what to look for in taking the trade, and provides advice on dialing down to a smaller timeframe for entry.

That’s it for 2008, the next update will be out on Monday the 5th of January, 2009! Until then, enjoy yourselves and take care.

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