11:27pm After last night's big move, it is only normal if we see some pullback in PRICE today. We could possibly head down to challenge last PRIME Support on the Trend Chart.
12:00am A LONG set-up just occurred.
12:14am Missed the move. Will need a challenge of last Oscillation Support on the Trading Chart, before going for a LONG again.
12:30am LONG 1448.75 / STOP 1447.75
12:34am STOPPED at 1447.75 / -1.00pt. Honestly, a better STOP would have been at 1447.25 - just 0.25pts below last oscillation support low of 1447.50
12:37am Trying another LONG...
12:43am LONG 1449.00 / STOP 1448.00
12:46am Watching closely. If we don't break higher soon, PRICE might just fail here...
12:48am There it is...STOPPED at 1448.00 / -1.00pt
12:52am Consolidation + Lunch Time = Bad Time to Trade. That's all for me tonight. 2 Trades. 2 Losers.
Thursday, March 22, 2007
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