Staying in the "Now" is very important in trading. Power is found by surrendering to the Now. It is here we embrace our true selves. It is here we discover that "We Can"
A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Wednesday, 11 January 2012
Tuesday, 10 January 2012
3-long term bullish patterns in play
inverse H&S pattern
triangle-breakout
pitchfork uptrend in formation
short-term pattern
C&H pattern
Now - The market needs to follow through soon and trade above last week's highs on some convincing volume. After that
is testing and taking out the October highs to help provide positive price follow through of the current
bullish technical patterns in place.
Watch for - More weakness and consolidation again this coming week, especially into January options expiration week, and we could see yet another swing reversal all
the way down to the 50dma.
for the week ahead, January 9th to 13th
http://www.youtube.com/watch?v=VbhsYC4gKy4
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