Tuesday, 16 June 2009

YM 3min

As you can see from the chart, yesterday was another horrible day where the market just moved sideways in a narrow range.

There was a TS3 sell later in the day, but as we were at 15min DP support this should have been avoided by all but the Advanced Traders among you. Then (if you did take it) as it was against the 15min DP, stops should have been brought to break-even quickly..

But either way, yesterday was another hard day, which is what we were expecting.....

Thanks, Steve