19 February 2010

S&P500 : Cut Loss @ 1105

  • Like a recurrent nightmare that won't go away. Give up on this now. Daily chart popping its head above 1105 making this too difficult.
  • Cut loss while it's still small and painless. If it doesn't come naturally, leave it.
  • Frees up risk limits for the AUD/JPY trade which I much prefer in terms of chart formation.

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