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Showing posts from May 13, 2009

Thoughts....

I posted a few setups I didn't have on the list over the weekend. They are all long opportunities nearing objective support levels. Like the short setups I post, they are similar in that they offer minimal risk if you maintain tight trade parameters and have a plan before you execute the order. For those not as experienced, you will often find that these types of setups (shorts at resistance or longs at support) will work or reverse directions in a very short period of time. To clarify I define a short period of time as "minutes." If they don't, they fail more often than not. In other words, be on your toes and don't sweat it out....just move to the next low risk opportunity.

Index Watch for May 14, 2009:

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Setups for May 14, 2009:

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