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Friday, February 4, 2011

NY 5 Min Chart...

1-trend was down took the buy off the Fib bounce  +5
2-then shorted into the downmove, my entry was based off the bottom of the BODY of the previous candle +6
3-price pushed down more took the buy off the S1 +8
4-shorted into downmove +5
5-same except this started moving slowly up, my clock was running in my head thought it could reverse up got out -1.  THEN it dropped.  Frustrating 
6-again bought off the S1 +8 again
7-shorted into the downmove +7
8-bought off the S1 +9
9-getting near the london close waited for price to push, it went againt me then it pushed down +2.5
10-waited for the 50sma bounce, was looking for a stretch, it did not happen and i did not take the trade.  Also out of my TF.
11-when it came up to test it again, though out of my TF i took the short +5

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