Monday, May 11, 2009

Short time later....





 A few minutes until the close and it's easy to sell into the huge volume and take the $ off the table.

Markets selling off ....













FAZ rising.....












SKF rising....










JPM falling.

Different day same setups





This is what I mean when I say I review typical chart patterns  in my head before the trading day starts. I like to trade the same set ups day after day. I don't know when they'll appear only that they will. Then I'm prepared to pull the trigger and let the momo work or not. 

Markets showing red...







FAZ breaks to highs....













SKF as well.....












JPM makes new lows.