- 18.9 pips = - $75.61

12.09.10

Another tough day.

4 comments:

  1. Hi Harvey.
    Continuing the S&R discussion...
    Recognizing the new tops and bottoms created is a given. Hows about the new swing tops/bottoms within?
    ------------
    /\/\/\
    \/\/\/
    ------------

    On todays trades...
    Am I correct that the first trade on the first chart was a short?

    ReplyDelete
  2. Yes, the first trade was a short. Swing's within tops & bottoms are often not easy to recognize for me.

    ReplyDelete
  3. OK, Harvey. To be sure I'm speaking of the down arrow in that 6:10 time block. That short then is directly at support from two or three different areas on that chart. What is your reasoning behind ignoring the buyers?

    ReplyDelete
  4. At the time I was looking as it made a lower high before it broke the minor trend-line. Then it made 3 tight little sideways bars while it was on the bollinger band. I was thinking at the time price was going to make a quick extended push to the down side. Of course I was wrong. But thats what I was thinking at the time.

    ReplyDelete