There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Tuesday, July 31, 2012
I was not watching the market live today. My analysis is based on bar by bar analysis I follow to analyze historical charts. Being a major announcement day I will not trade till the announcement is over. First signal was a good long trade. . BOF of a MSP from where an impulse wave started yesterday. This move acted as a range today. BOF of HOD stalled at PDH. A scratch trade. Today the Market ignored the BRN 5200.
" Defense is not only the best offense in this business,it is the only offense that works", Mike Reed