Friday, 23 December 2011
Trading Forecast/Financial Markets
Not much to say about the Financial Markets. Trading the trend is easy in the middle 80% of the move however once human emotions get into the picture your vision of the market can get skewed and then the trader makes the wrong executions. The next pivot point is scheduled for Jan. 2, give or take a day. I will see how the patern unfolds at that time for now I am still with TNA, the Russell 2000 leveraged 3x (triple banger) ETF. This is the time of the year that trading is tricky, low volume and with that comes volitility. So for now I will look at the trade next week.