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Tuesday, June 8, 2010

#18,19


18- price shot up saw 57 as support on my charts and from earlier on the 5min. got in at 59 and very quick got +5 BUT If you look before this move up the trend was moving down then came up to the spine and it looked like it was heading down for a nice continuation trade but intead the price flew up 20 pips, there is no way I could have recognize this move to be able to grab any of it. So for me it is much easier to let the move exhaust itself and catch and easy retrace.

19-price spiked again, shorted +9

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