Thursday, September 8, 2011

BTS ON ROLLOVER DAY

BOT TRADING SYSTEM


The day started with the U contract.  It was contract rollover day, but enough volume would keep the U interesting.  There was little difference in the U and Z today with regards to range plays, MAXT, and the 50CB.

Range calculations will be on the Z contracts starting tomorrow.

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ES U CONTRACT

An early 50CB short, followed by reversal runs inside a bullish channel, then a bear channel after the FBO.

ES Z CONTRACT

The BTS ranges were different, but the story was much the same.


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