Tuesday, November 9, 2010

LOGI



shorted LOGI after I sold the long


















covered when candles shortened
and went long again















sold LOGI


3 comments:

AG90 said...

Hey Scott,

I am learning a lot while studying your blog.How do you decide turning points of SPY and QQQQ?
Looks like I am placing trade when the market reverse.Pls guide how can I correct this mistake.

Thank you in advance.

joshua said...

gracias senor! i love seeing these trades. it gives us little guys hope that we can make it happen one day.

Scott said...

Ag90- get several years of watching what the markets do, how they move and react and you'll get to know what it means to be in sync and in the flow. seeing and recognizing what the markets are doing instead of having expectations will be the key. how do you do this, I can't exactly tell you because I don't know myself, it just happens when you spend the time observing and making the connections yourself.
J- LOGI was pretty obvious as far as the probabilities presented themselves, i just took advantage of them.