Thursday, October 3, 2013

/ym for 10/4

trading plan for 10/4

1. Again we are still developing a head and shoulder pattern on the daily chart. Thus we will now focus on entries for short opportunities unless the market presents with a reason to go long in the morning.

2. Friday's are good gap fade days, again if we see a gap up this is a gift and we will take it, if we see a gap down be prepared for it to continue downward.

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