Ok... I admit... sometimes basic charting works

[arabianights]

Here's a contract, launcehd in March. It's the 2 year gilt. It is a very illiquid contract. I just started trading it today actually, for fun, as I believe I have an opportunity there. (I 8 lots short overnight actually, as part of my averaging plan... short average of 75, and I low ticked it for daily candle to end at 74).

Posting the chart, I have to concede that very, very basic TA is highly succesful here. Even the tiniest knowledge of candlesticks, combined with volume, would be highly succesful.

C'est la vie. It's the exception that proves the rule

 

[charliechan]

a stopped clock is right twice a day too.

 

[arabianights]

aye it could easily be that mr chan, especially when one considers that 90% of participants ain't trading the future direct anyway... but it was interesting to see.