Hello Scott,,,,your entry here has me a bit confused. It wasnt the breakdown of the low of the day and the 5 minute candle was a doji with long upper wick and long lower wick. The 15 min chart candle was a doji also. I dont see a level from a previous day either. All I can think of was you saw the Spy's falling with the news of the Earthquake in Japan and you shorted at this time?. Interested in your thoughts. Thanks in advance.
tom- momentum said down not up so thats what I went with. there is no more to it than that. trading is art not a science so never think 1+1 always equals 2. i dont listen to news etc as I purposely want to remain oblivious to what is happening. I only let the charts speak to me.
short BIDU
2 comments:
Hello Scott,,,,your entry here has me a bit confused. It wasnt the breakdown of the low of the day and the 5 minute candle was a doji with long upper wick and long lower wick. The 15 min chart candle was a doji also. I dont see a level from a previous day either. All I can think of was you saw the Spy's falling with the news of the Earthquake in Japan and you shorted at this time?. Interested in your thoughts. Thanks in advance.
Tom
tom- momentum said down not up so thats what I went with. there is no more to it than that. trading is art not a science so never think 1+1 always equals 2.
i dont listen to news etc as I purposely want to remain oblivious to what is happening. I only let the charts speak to me.
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