Monday, April 1, 2013

Hello and happy Easter !

so let me do a little more comment on chart from 29 march.

the 4 signal is sell , and it's a little confusing to pass it ( to do not trade it) because 
 price move around it is big enough to expect price action to continue down.

But ... the day was not so clear in terms of news and political news.

so...  one way to trade the situation is to close some part of the long position and wait 
for end of the day to come .

if you may have positions in both directions  ( your broker platform allow it ) 
and open short position , a stop loss should closed it , after the market resume up trend moves.

also important note is that most of the countries did not work for coming holidays and long weekend.