Friday, May 18, 2007

Another New PRIME Resistance at 1528.25

PRICE continued to power up in last night's session. My SHORTs, though valid trades, were decimated largely by fake-outs. For my first two trades, I was able to move my STOPs to just 0.25 pts away from Break Even, but for the later two SHORTs, they were stopped at my customary levels of 0.75 - 1.00pt away from my entry.With PRICE Breaking Upwards from the rising wedge (many traders were pointing

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