Bear traps

Tullibody

Member
67 0
I have just ruined a potentially profitable week by jumping short on to almost every pullback seen on the Foots and Dow since Wednesday PM. This has been extremely expensive. Even although I read the clever boys saying the market is oversold and gonna bounce, in I go. At least it's usually over pretty quick. Perhaps I am still smitten by the lovely sessions a few days ago when 60-70-80-100 point runs south were there to be taken. I'm sidelined next monday/tuesday while I try to get my chi back together again. I hope there is not too much of this about.
 

JonnyT

Senior member
2,560 22
My indicators PnF and 5 min charts suggested long on Wednesday, Short on Thurday, Long on Friday.

I duly obliged.

JonnyT
 
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