Covering on the way down was at the logical VA and extremes. Still a little short as I write. I'll probably run out of bullets before the down move is over.
Rabu, 22 Agustus 2012
No Brainer Today
Today's trade was a no brainer. There were a lot of longs caught in Europe and they had to head for the exits this morning. All I had to do was sell the VAL around 7066.0 This area coincided with resistance at the 33EMA on my bar chart.
Covering on the way down was at the logical VA and extremes. Still a little short as I write. I'll probably run out of bullets before the down move is over.
Covering on the way down was at the logical VA and extremes. Still a little short as I write. I'll probably run out of bullets before the down move is over.
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