A very frustrating day. Difficult to hold it overnight as everyman and his dog will have their stop above the high of the h4 reversal bar. This is where the liquidity will be and baring a meltdown this level will be attacked in the East or at the London open.
The difference between the good and the bad is taking a small loss. They should just go our way quickly. If they dont positions should be closed or the size of them reduced.
Please read the "phantom of the pits" before bed. Its on Tom,s site www.tradertom.com
I will be around in the morning and if their is anthing to trade I will trade it.
125 points yesterday and -25 today.
have a great evening
David
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