about the first trade, I thought it will shoot to 71.3+ in quick manner, but it just shoots a little bit, so my initial thoughts is not right, figure out lots of longs are waiting in the pipeline to sell at better price. it spends lots of time around 70.7~70.8, plus bulls are in locking profit mode, that is why I shorted it at my 78EMA, thought it will drop quickly to 70.3 around (almost kissed my stop loss at 70.78, that tells me bears are not ready yet). hope when people post real time trades, after the trades is closed, share some thoughts and explaination
Hey have u guys ever thought about moving this to an msn chat room? I find i distracting to place trades live, plus the 60 second rule is a pain.