Thursday, April 25, 2013

April 25th /tf

There were basically two good trades today - the morning TL break and retest and then an afternoon short TL break and retest.  That short did NOT look or feel like a short at all.  But the chart was right.  If you listened to your feelings or the markets -- you would have felt scared.

There was an attempt to stophunt it but I did enter realtime papertrading and an 8 tick stop would have avoided the wick back to the entry and gotten a nice short out of what appeared to be an all up trend day.

/tf: Trend up to start -- TL break and brief test and off it goes.


Anything can happen.
Every day is unique.
You don't need to know what's going to happen.
But you do have to stick to your plan through it all.

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