24th July, 2013

1. There is a STRONG and URGENT need to be able to develop the art of being able to spot the broader (2/4 hr) trend in the market. This probably must start with asking this basic question multiple times a day – “RANGE or TREND”?
2. Z5 broke 9863.0 to the downside, after having supported THRICE on 60 min chart. After the first spike down, it came back up to 9862.0, and paused. Absolutely missed spotting this in real time! Whereas this was a trade that I should have been waiting for.


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