Wednesday, September 29, 2010

2010-09-29

I didn't do pre-trade work today, I just get up late, and then watch it for 5 minutes, it's dropping from 1.3610 to 1.3595, so I thought of shorting it to be a good idea. Lucky I have my size right so that I can scale into it and cover most of it at price 90, it did bounce to 1.3603, that's the place I scaled in. And I have my stop at 17 I think.

After review the chart on 5 and 15 minutes, the real good trade I should do today is to buy at 85 to 90 level today. As the bull continue to work on it.


It tested 1.3647 level and failed back to 1.3620 level.

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