Tuesday, January 12, 2010

#2


#2: news has passed and dow jones has opened...we are moving higher and i see that the 05/06 area looks good for a bounce, plus some broker feeds have this as the daily pivot..in off the spike up and out for a couple..u may notice that sometimes, especially when the market is moving, i jump the gun and enter before the tma gives confirmation...at key areas it is better to get in early and catch a few more pips, bcoz many times if u want for tma cross etc, the bounce has already happened and momentum takes over leaving u stuck

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