Tuesday, September 06, 2005

06/09/05

Looks like the middle bolly has taken hold and the down TL has been broken.
Closed the short for

-18

As i write this it's dropped more but cable scares me when it gets on a tear and I'm trading in the opposite direction to the major trend.

The bulls didn't even have the decency to let price get near a retracement fib....

Long at 18415

Comments:
Hi Magpie,

I was wondering if you got in short again last night - congrats on a perfect entry.

Just closed my long of 1.8397 for 12. Haven't a clue what the next move will be.
 
Excellent trade!
Last night's trade put faith back in the system, it's still early days in comparison to others, but always nice to get it right.

Got in too early myself tonight at 8415 which is something I keep doing, but I'm reckoning long now to the projected high 18450 area
 
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