Happy New Year guys. I will not be trading the first week of the year because of the unusual way the markets will move the first couple of trading days. If you want to use any of my systems or philosophies they could get clobbered the first couple of days. It is however a good time to follow some kind of MA cross. As traders reenter the market after shutting down for the holidays they tend to follow the direction the market is going so there are usually some strong runs. So I would recommend jumping on board the trend followers and then go back to range trading after the 11th or later, at least wait until you see the market settle back into its usual routine.
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