Wednesday, July 24, 2013

July 24

first rule of futures trading:

You have to NOT take all the millions of 'almost' patterns that suck your profits away until you actually enter a proper pattern  -- or rather, don't, because you've lost all confidence.

1047 -- clear pattern on TL Break + double bottom  11t. stop.   Clear as day at 11:10.

ad  -1300   trend down day -- major.

Have to listen to the power of the signals... 

very strong --   no way it could stay up.

bounce got to 25 min OR low - and acted as resistance once again.

ad  -1650  -- 3:40 --    harsh.

probably more --

close near lows.

FB, BIDU strong ah.  

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