Sunday, May 08, 2011

It’s a new day it’s a new trade…

Sitting flat and watching key areas.  I, personally, think that for now pullback is over and we yet will see burst up, could be short lived but powerful – I am watching TDRL on weekly and if it will be broken once again (so far it looks like consolidation) – I’ll jump in long with tight stops..




I did not go long on pullback because price was too far from key TDST daily 1320 area, but my long 1300 to 1360sh worked out quite well (did not go short – did not have good feel for that)



As always I am fighting the herd and herd believes market is overextended and due to immediate pullback or even severe correction…could be, but I might yet to play another long…will see



Sleep in peace when day is done
That's what I mean
And this old world is a new world
And a bold world
For me
Stars when you shine you know how I feel
Scent of the pine you know how I feel
Oh freedom is mine
And I know how I feel
It's a new dawn
It's a new day
It's a new life
For me
And I'm feeling good
I'm feeling good

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