Sunday, October 3, 2010

Week 40 Analysis

News for the week…

Pending Home Sales to kick off this week’s news announcements should provide a great environment for intraday trading. What we will be watching for this week is a break and close outside of this past week’s consolidation.


Here are some things to keep in mind in your trading.
- More is better than less
- Sooner is better than later
- Always take a little bit less sooner

When you have a profit, you CANNOT, let that trade turn into a loser. Have everything in place before the trade is placed because once you are in the trade your objectivity becomes skewed.

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