Monday, January 30, 2012

11.74pt Gap Dn + Early Trend Till 2nd Ti Where We bounced for a Test of The Open

Today we had a 7.5pt Gap Down and continued to trend lower till the 2nd time Interval where we began to base and turn for a  test of the open.
Recap Notes:
Trade Selection - Great Trades and Money Management, excellent way to start the week. 1 Sequence 2 lots

INTANGIBLE OBSERVATIONS:
Trade the Trends - Trading the trends until we reach a marked Time Interval, at which point we need to consider exiting or reversing, Be aware of the Cycle that happens just at the Time Intervals, they are high quality trades especially in the longer term term direction.