I managed to get myself some points last night through a Minor PPF of Resistance, thinking that the up move was done. Fortunately, I did not "over-stay my visit as the subsequent pull back in PRICE took me by surprise. I had expected a "counter-trend" aggressive trade (which I did not take) but it turned out to be more than what I expected. It pulled all the way back to my SHORT entry ! PRICE is still heading back up and it has yet to fail.
Queation on my mind: Will we see Leg 2 of Bull Break form, or will we get back onto the Bull TREND?
Tuesday, April 03, 2007
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