Thursday, 4 February 2010

Back

Well guess  it  was  good  to  step  away, trades  have  developed nicely. Those that have an itchy trigger finger  could take 1/4 or even 1/2 profit here as hourly indicators are  beginning  to  turn up. Those that  want  to  ride this  trend set in January shoould look at  the  4 hourly charts  that  have  again  turned  back negative.

My only concern is that  both  crude  and  stocks have  not  broken  to  the  downside... still  watch  everything  and  get  a  feel  of  what  is  moving  this  market.

Hope you  took  the  trades  and  are  doin  well.

 

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