Blog Patrol Counter

Tuesday, December 15, 2009

#4,5


4- previous support was at 54, jumped in a short, thought he bias is up now, got a couple
5- had yellows tried to get in at 59 missed it got in 57 drifted away, came back down a little got out -2. It happens part of the game

#2,3



2- trend tried to push down further but i felt it would pullback up to the 36 area first, price got above the tma i took a buy and grabbed a few more. Then the price moved quickly directly to the 50sma on 5min
3- where i took a short and grabbed 2.5 more

#1


trend is down priced had stalled felt it might test the little bottom of this drop, white dots, got in 35 exited 31 and break of 36 would be the s.l.

Monday, December 14, 2009

Asia


NY was a slow day, took a few other trades nothing great,
picked up 8 pips on a couple of scalps off the yellow. Again the market is slow and rangy or choppy. when it is like this with a little patience and good entries the yellow reversals are very HP trades.

#3



3- bias is down, this was the first good pullback up to short the market, we are below the 50sma on the 5min so i felt that the 36 area based on the past 5min candles high was a good area to short from, for me very HP. You will notice in the rainbow the priced reaches 35 spikes down then stalls at 33, my stop loss would be the recent high at 35. Price gets under the tma 21 (white dotted line) and off we go for 4 more

1&2


1- the market is short bias right now, got yellow for counter trend trade, in and out for a few
2- same as above

Sunday, December 13, 2009

Asia


was at the computer caught this green to buy, trend on the 5min seems to be up, price is above the 50sma grabbed 4.