Friday, August 26, 2005

8/26/05 PM

It was a good finish for me as well. I had one high tick trade to finish the day with a perfect score! Around 1:30 ct the market ran up and had a volume spike and tick spike above 1000. I went short and got 3 points on the down side inside of my 15 time limit. This trade works best in a trendless market. Today was a slight down trend so the + high tick was a natural fade trade. Work just like a text book!

I am also listening to an audio file from Woodies site from Mark Douglas. He has some very good ideas that are worth listening too. Very insightful for newbies.

Trader X.

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