Price momentum is down, but traders should wait a day or two before building a short position as the market has some short term rally potential. Our stop is a daily close above 1327.
http://www.youtube.com/watch?v=L56W-uyUHus
Thoughts from a private trader. Tier 1 is a reference to pre-flop strategies in Poker, "Tier 1" being the best starting hands. Through years of education, tape reading, market watching, and trading experience, I've created my own methodology for defining and trading "Tier 1" opportunities in the financial markets. I use a variety technical indicators to analyze the stock market, bonds, commodities, and currencies.
Saturday, April 16, 2011
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Tuesday, April 12, 2011
Monday, April 11, 2011
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