...then the time might have been this morning as Friday's close above my downward channel top seemed to confirm a positive breakout. As far as timing a perfect entry, you have to look intra day today. 1312 looks like where the pt. of entry should be on the daily, but the low of the day as of 9am (pt). I did get long at 1310.75, but wussed out of the trade right away b/c I felt I didn't put enough time and research into the trade. It seemed too impulsive when I initiated it. Unfortunately, that may have been my only chance. However, since OVERTRADING has always been my biggest obstacle to success, I can't be mad at passing up trades, especially for good reasons like not doing enough research.
Hope you all had better luck and more time than me this morning.
Good Luck.
Andy
1 comment:
Looks like you missed this long, but I think this will be a slow, small up week then look for some real weakness next week.
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