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Monday, November 22, 2010

#5-13

5-dow started rolling down neg from -35 then went to -60 and price started dropping again, i got yellow but waited and took the buy off the previous support at 32, again it went against me then came back i exited BE and
6-shorted into the downmove as the support at 32 became the resistance +4
7-shorted off the spine +4
8-price stretched took a buy exited the spine +5
9-shorted off the spine again exited at the earlier entry +5
10-thought the price might try and move back up to my entry place on trade #8 which now is the resistance area at 25 so i shorted there into the downmove took another +5
11-price stretched again to my earlier entry spot at 14 took the buy and exited at my previous spot on trade #10 +5
12-shorted again into the downmove off the spine and took +5
13-price stretched down to the lows of earlier and i took a quick buy +2

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