World Clocks

Saturday, November 04, 2006

October Swing 15 Days



  • A great swing and near perfect entry 2 days after the bounce.
  • The 60SMA has held very well the past few swings.
  • Contracts were held for approx 15 days with very little drawdown and decent profits.
  • The frustration was selling the contracts too early. A 2 day pullback occured after selling, but afterwards a bullish surge to near high levels.
  • This would have resulted in significantly higher profits lasting the entire month of October.
  • Looking to reenter within the next week in Nov, that wait has been somewhat frustrating, but if the cycles hold, I'm expecting it soon.

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