Wednesday, April 28, 2010

Adjust The Zoom


Going into the close we had a buy signal. It was a shakeout. Meaning that traders with large accounts sold hard then around 1184 they bought hard to trap shorts into panic buying. In a few minutes the market popped up for about 6 points or $300 in profit.

Compare the signals on the different chart intervals at the blue vertical line.

There's always a view that you can use to navigate against the manipulators.

Warning: Futures trading involves risk. You can lose all of your capital and more. Consult with a financial adviser to determine if futures trading is suitable for you.

No comments:

Post a Comment