August 5, 2009

Nice movement throughout the value areas. Took lots of guts if you trusted trading at extremes, but that's why those with higher risk parameters are rewarded. Given the chop bias (or at minimum, downtrend day), we opted out of the beautiful long setup in the p.m. All you needed was a 15 min chart and a heiken-ashi bar colors. Oh..and lots of discipline. Breakeven 3-2 after commission. Horrific given the price action.