Archive for February 21st, 2008

The trend is your friend until you reach the U-bend!

The trend is your friend until you reach the U-bend!

I'm sure that how the saying goes. My first trade of the day was a trade against the trend which resulted in a loss of 12 prices... drats, it wasn't a good trade. I seem to like to play the countertrend trades.. not the smartest thing to do. I made 5 trades in total today, I won't go into the specifics as nothing really happened. The big pictures is that the trend is down and you should be looking to short any rally. I did short the rally when the market hit 135250 at 19:30 GMT and it w

February 21, 2008 No Comments Full Story

 


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