Monday, 12 February 2007

A second start

And by that I mean I started to read up on indicators like MACD, Parabolic SAR, trend lines. Not that I've never done before, but I never quite understood how they are used. Now I'm a little more certain, but, still, I haven't used it in deciding trades.

As for G/U now, it seems that carts show a doji for yesterday's trading. It's not hard to see that the market is torn between going down and appreciating the pound. After all, economic news hasn't been too harsh on America, and it seems they have hit a soft landing instead of a loud thud on the cold cement floor.

I took out my open position yesterday. Gonna wait or some clearer indication as to what the market wanna do before I go in again.

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