Oct 052010

Today turned into a strong trend day after the ISM Non-Mfg news and the Japanese interest rate cuts.  Counter-trend trading is always difficult on strong trend days.  There were a few ticks available at most of today’s key resistance levels, but it was like swimming against a very strong current.  There is no example trade today.  For DTG members, I documented the trade potentials for each level in the Daily Trade Discussions section of the member forum.

 Posted by at 3:32 pm

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