Wednesday, October 6, 2010

Higher Highs and Lower Lows

Intra-day here in the first hour of trading, we have a minor uptrend forming. I am considering a long entry on the next down-tick. 1157 will be my probable entry. Will post here in the comments if I take a trade...

7 comments:

  1. Looking to exit this trade on the up-tick back to my entry

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  2. And Short now at 1156, just looking for a point

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  3. Going to hold for more than a point

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  4. Reason I decided to hold for more than a point is that the Nasdaq and Russel were leading the way lower. Selling has not continued however. Looking to exit this position on the next down-tick

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