Friday, January 22, 2010

#3+4


#3: after the drop we're starting to pull back now so as usual i am looking for a place to short...got yellow on my rammy throw indicator so I hopped in the trade around 14, saw a couple pips but held and it broke against me, had to exit for -5

#4: moving higher still and got yellow, im still thinking shorts are in play and this yellow comes around the 5min 50sma, usually a decent bounce trade off of this so im in again at 20, saw maybe a pip of profit and it broke against me yet again, exited for -5 now -5pips on the session...very confusing market and tough to read as we went from dropping to coming rite back...frustrating

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