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Thursday, February 18, 2010

NY#1-8


I saw that the market was extremel oversold and that a correction up was due to happen, the market had been ranging it pushed down a bit into the 45 area
1-i got yellow and entered a buy at 50 exited 65 +15
2-recent highs were at 71, priced pushed to it i shorted and grabbed +4
3-priced then pushed higher came back to the 71 and I entered a buy at 73 exited 80 +7
4-came back down i entered again at 71, saw some highs in london were at 85 so i exited there +13 and
5-shorted to 82 +3 and
6-bought at84 exited the next area of support i saw of the 15min charts at 96 and shorted there plus i had yellow telling me te momentum was slowing a bit or pausing and
7-shorted at 96 grabbed +2 and
8-bought at 94 exited 00 +6

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