+510 TF ~ too many round turns
OK... who turned the lights out on Russell 2000 futures?
Instead of posting a blotter showing beer money, here's a picture that depicts why trading the TF is right now a one-contract venture at best.
From Oct thru late Dec, daily volume averaged 200,000+ contracts. The past nine sessions, including all four in 2009 have been less than 100k contracts. Oct thru late December = wide range intraday bars. Past four days = extremely muted ranges.
1/2 the previous volume, contracted intraday ranges. No explanation for the present TF slumber. I do know it's hopeless trying to press multiple contracts entered... ain't happening. If/when volume returns to 200k average or above, I'll be back in there myself. Until then, trading ES alone off fast charts for +3pt ~ +4pt profit objectives using -1.5pt initial stops.
Will resume posting results tomorrow, ES trades