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Showing posts from January 20, 2009

Thoughts....

Regardless what the market does this week, I think I've posted enough setups to keep us busy. Included in the Weekend Review are some intraday setups suited for more aggressive or experienced traders. I've used the 60 minute time frame with each. As far as the market is concerned, I still think it's best to be nimble. Although I will play the occasional breakout setup, the majority of my trades have been shorts at objective and identifiable resistance levels. I get stopped out a lot, but the pain is minimal because my stops are so tight. It's really no different than I've ever traded. I've always been a singles & double hitter. I don't hit many home runs, but I rarely swing and miss. I just hit a lot of foul tips. I didn't post the spreadsheet this weekend because I'm not sure if anyone else uses it. If anyone wants me to post it, drop me an email and I'll get it up. I'll make a post during the week if I come across anything exceptional.