The four market sectors went up smoothly today.
Buying early in the open can give you a nice payday today.
But this one on TF is the one I find a good one to trade with.
It back up a little bit from R1 and from there it went upwards smoothly.
Monday, January 3, 2011
Sunday, January 2, 2011
Observe & Trade
Analyzing the multiple time frame for possible short trade.
Showing the 5-min., 3-min., and the 1-min. chart.
By scanning the multiple chart in real time, you can conclude to make a fast short trade on the 1-min. time frame.
A big consolidation on the 1-min. chart can be observed.
From there, you can make an entry at the pivot line and can exit at the resistance level R1.
Observe & Trade
A short trade in the open for the QQQQ (NQ) and the Russell 2000 (TF), the last trading day for the year 2010.
TF made a sharp drop at the close, that's a very sharp one!
While the QQQQ (NQ) just stay almost flat after it drops in the early trading for a profit taking.
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