Tuesday, January 25, 2011

1/25 pre-open

Sold DX futures before I retired for the evening at 78.185.  While I wished I had held I need a bit of a life as well. 
3-waves predominate in the Euro and dollar.  I sold EUO at 19.60 when dollar index reached it's hourly M/A 78.575 and plan to buy it back and buy DX futures at 78.72 stop or 78.215 limit.

My gold futures short has really been working.  I haven't spent much space talking about it because I don't want to hex the trend, just let it go to my target of 1306.

The wave count is a completed 4th from the 1352 high, was itself a 4th wave high.
I exited the bulk of my stock longs yesterday afternoon.  I just bought back 2% SSO at 50.20.

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