Thursday, January 7, 2010

#1


Did not get a chance to post yesterday as I had to run errands all afternoon...back at it today as usual and we had a nice move down in the european trading session...so shorts are in play
#1: took this not off the indis on the tick chart but the 5min candlestick chart...had the 50sma rite around 30 so hopped in the short looking for lower...couple pips drawdown but sure enough the 50sma held and i stayed the course, holding till the first sign of a stall...got 9.6pips here...nice trade nicko

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