For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

The Secret Recipe: Trading Success = Winning Trading System - U


Friday, October 14, 2011

Market Looks Bullish Still

It's Friday today, and we have special Friday indicator. the 50% market is at 2700 for this week, confluence with our classic support level. I'm bullish as long STI close above 2700 for this week. STI is resisted at 2750 resistance level right now.

Dow Index closed at 11478 last night, 100 points away to its benchmark level 11577( last year close). Still remember the "tug-of-war" indicator?

Many blues chip under my radar are currently facing their resistance level, I'm waiting sideline now. PATIENCE is the key...

Will update you again.