sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Thursday, July 28, 2011

I could have entered this 5 min move "a little late" at the open and i would have gained about 9 points.


 Even better though, is this hourly move which i would prefer to have gotten into, if i had th choice.  It is still going and it is about a 17 point gain at this moment.  This could easily tell me to exit this bar or the next.  I used the 4hr chart to draw resistance lines, which is good enough if i cant use the daily chart.  There were actually two lines but the first line i could have ignored since the trade setup didn't look perfect enough until the 2nd line was punctured anyways.

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