Friday, June 10, 2011

Fri: Market Profile

terrible internals...

the game is skewed with downside risk...    bases form but break easily

-1100 TICK readings confirm sellers want out.

strong stocks are:  FDO, OPWV, YHOO (flatish), TSLA, LGF, UNG.  

to be CP -- must maintain the same focus on each trade...  first determining a Market Profile to determine probability. 

MACD very good indicator

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