In the stock market the Daily Technical Composite remains at -18. I plan on exiting the long stock position at -24 or a break of the 5-minute, 370-unit M/A whichever comes first.
Wednesday, January 19, 2011
1/19 pre-open
I'm still not short Euro. I'm using the 1-minute, 157-unit M/A minus 17 cents as the trigger. I did go short once overnight, but stopped out for a nominal loss. Currently this M/A is 134.60 for a trigger of 134.43. Dollar index has a completed 3 down from it's high. I'm posting the Euro chart since that is what I'm trading (it is adhering to counts and M/As more closely than dollar index). The Euro has just completed Minor 2 of Primary 3.
I went short gold futures at 1372.40 and have a stop at 1381.50.
In the stock market the Daily Technical Composite remains at -18. I plan on exiting the long stock position at -24 or a break of the 5-minute, 370-unit M/A whichever comes first.
In the stock market the Daily Technical Composite remains at -18. I plan on exiting the long stock position at -24 or a break of the 5-minute, 370-unit M/A whichever comes first.
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