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.

Remember:

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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