2009-11-10 Median home price fell in 3Q.

Housing is an important section, as it affect the mortage market, and we have about $20T in that market. It will affect banking big way, and then banding will affect general market.
Housing is in general stablizing, that doesn't mean it's going up from here, it could be a 3 year flat from here until 2013 (base on Case Shiller Price future).

1. What is daily 3 hourly hourly 15 s/r and trend. Daily is up on 5 13 62, 3 hour is up on 62 down on 5 and 13 flat. hourly is up with 62 as support at 1.4940 level, and down with 5 and 13. resist again is at 1.5020. 15 minute is down, kind of bottoming at 4940 level, choppy.
Support: 4940, 4920 (previous high)4850, resist at: 5000, 5020.
2. Is there any news coming out in 30 minutes, what's trade. There is no news in the coming time.
3. today's spread:0.9
4. What's the size of today, and what's the max risk. normal size, will risk 20 pips.

Don't really know where it's going today, will watch. Protect your capital is most important so that you can always have your next better trade.

It's bored, I'm putting a buying order at 4940, stop 4930.

OK, my short order got filled at 4965, I have stop at 4971, and target 4955. RR: 6:10

I took half at 59, now free trade.

After change my target to 50, it missed. And now trading at 60 level.. As I'm in free trade mode, it's OK for me to hold on to it.

-14 pips today, keep on shorting which is not what I planned.