@_pay close attention to the resistance levels in a market moving up!
A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Tuesday, 28 February 2012
Monday, 27 February 2012
Secrets to Success
http://www.youtube.com/watch?feature=player_embedded&v=-0PrTkE5jG4#!
1.Trust yourself
2.Break the rules
3.Dont be afraid to fail
4.Don't listen to "no" sayers
5.Work your butt off
6.Give something back
Sunday, 26 February 2012
for the week ahead
click to enlarge
While there is higher risk that we're entering consolidation period S&Ps cash $1300 - $1370 price action is not confirming that as of yet. Maybe this week things will change, but until they do the path of least resistance is upward.
The market is unpredictable by nature which is why the best is to stay focused on the price and what "it" does rather than what we think the price should do under the current conditions. The price is never too high or too low!
While there is higher risk that we're entering consolidation period S&Ps cash $1300 - $1370 price action is not confirming that as of yet. Maybe this week things will change, but until they do the path of least resistance is upward.
The market is unpredictable by nature which is why the best is to stay focused on the price and what "it" does rather than what we think the price should do under the current conditions. The price is never too high or too low!
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