Sunday, June 13, 2010

Short Term Chart


morning traders , i hope that everyone is following me on twitter there for an update for our position , i m gonna start some little short term trades to push our profits this month , i m seeing here in this chart an ending diagonal with divergance on the hourly and 2 hours chart that points to a possible correction , i m looking to sell around 8580-8600 which is the top of the channel and the ending diagonal and the target for this trade will be set on twitter.
for our current position i ll alert on twitter where to take off the hedge or add shorts.
i wanna see how this correction i m expecting will deal with the channel support before i decide on anything else.

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