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Monday, May 17, 2010

NY#1-4


1-at this time the trend is up but i got yellow and took a quick short +4
2-then i bought into the trend +4
3-i had resistance at 52 on my 5min chart, got yellow and shorted again +9
4-then market pushed up higher as the over trend at this time is UP, i did not take the buy because the news was coming out at 8am. So i waited for the news to pass and the price pushed higher exhausted itself and I took the short once it went under the TMA +5

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