Wednesday, May 5, 2010

Failed to close candle on 15 min chart above the 61.8% retrace.

I believe it's more of a short term pullback. Slight pullback in $DOW futures, a pause in the $EURUSD at the weekly piv S3 and 23.6% fib retracement level also.   My new scared cat trading prod me to sell though.  My new account balance doesn't allow me to be brave trader.  Thinking of re-entering on dip to some sort of support level or it may just have to leave me.

No comments:

Sell Health. Health Sells