Wednesday, December 2, 2009

#3+4


#3: Got the yellow signal as price is now pushing upwards..dow jones up slightly and I waited for my usual setup, price step down below tma and im in..it gave maybe a pip and then pushed back up and i exited with a small loss (-2 pips)...the key to these bounce/pullback trades against the current intrasecond trend is to cut them real quick if they go against u as can get a better entry later..


#4: Got in again on the same setup but a little higher up and this was the well-timed entry as price continued down, grabbed 3 pips...still negative on the day -10 pips so far..

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