Blog Patrol Counter

Thursday, May 31, 2012

NY #1-6

Again, looking for sells and key bounce trades. Trades weren't perfect and again like yesterday the pullbacks were a bit steeper or bigger, insteady of a pullback of say 7-10 pips it was 12-17 pips. But in the end, key is reading the 5min charts for hints as to what will happen next.

Wednesday, May 30, 2012

5 Min Chart...

a quick read on the 5min chart...

Ny #1-5

took the buy off the fib and around the fib for the bounce trades, the pullback shorts into the trend were more severe than usual but eventually the trades worked. A bit stressful.

Tuesday, May 29, 2012

NY #1-8

it was ranging earlier so i let the news pass and then waited for the move.

Monday, May 28, 2012

NY #1-4

Markets closed but caught some easy setups, here is a chart on how to read the 5min chart...