Monday, October 26, 2009

Tricky

What a treacherous market, fake outs all around. But notice the down moves comes much faster and on heavier volume than the up moves. This probably means more downside to come, but one has to tough out the slow grind up.

Re-entered FAZ long at 19.55

2 comments:

Day Tradr said...

You are doing great with these swing shorts.

Addict said...

Thanks Tradr

-Trading in the Zone by Mark Douglas - invaluble insights on the most important aspect of trading; psychology.
- Maoxian.com Trading for Dummies is simple, elegant and beautiful. Master it and you'll have mastered daytrading. Thanks to the Chairman for his generosity.