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Monday, December 20, 2010

NY #1-13

I got a late start as i have come down with the flu, feel awful but i wanted to make some pips off this down move...
1-trend is down so i am mainly looking for shorts, shorted off the spine, went a few against me i knew i was with the trend and grabbed +7
2-up again same entry spot, same exit +7
3-again came up got a another short off a little better entry off the RED saying overbought +13
4-bought off the stretch down looking for a pullback up to exit at the spine and short which is what happened +4
5-shorted off the spine exited on yellow +12
6-bought as i happened to get a little better entry off the exit up to the spine and i exited +9
7-shorted at 03 +4
8-shorted at 03 +4
9-shorted at 03 +6
10-shorted, went against me a bit (you never know when it wants to push or test a bit higher on the down move, i held as we were not near the london close yet, +4
11-shorted at 03 +4
12-shorted at 03 RED +4
13-now i was expecting a little higher push up again shorted at what i felt would be support based on the previous entries i had at 10:40, YELLOW, went against me a few and then i exited at where i had been shorting before as there was obviously some s&r there. +4

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