As yesterday,
i did not establish anything as i was developing my new system.
Result:
0 safe, 0 con, 3 losses, 3 win.
CPO outlook,
Still bearish.
minor wave 3 seem complete. might rebound tomorrow.
another possibility is wave c complete. have to be careful if break 2140
Strategy,
Short on rebound.
23.6%@2097
38.1%@2110
50%@2120
61.8%@2129
last@2144
if CPO hit any of this price, wait 15 min, short, cut loss at previous 2 15 min bar high + 10 point.
if CPO gap down < 2070, wait 15 min, short if closing <2070, cut loss at previous 15 min bar high + 10 points.
if CPO gap down <2020, bear is confirmed, wait 15 min, short, cut loss at previous 15 min bar high + 10 points
All the best in trading.
Wednesday, July 22, 2009
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CPO open 2103, high at 2115, above 38.1%
ReplyDeletewait another bar, to see where it close first.
CPO, short if break 2091, cut loss at today higher 2115 + 5 points
ReplyDeleteCPO, short position established @2113, cut loss at 2123 + 10 point higher.
ReplyDeleteFor better returns keeping a good track record of stock market movements is must. Daily reports of stock market experts are shared by epic research as well.
ReplyDelete