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Re: hasher post# 12520

Wednesday, 04/30/2008 1:26:44 PM

Wednesday, April 30, 2008 1:26:44 PM

Post# of 16882
Good rules!

The hard part in life is to have the dicipline to obey them. In all my years trading the only times I lose money is letting my ego tell the market it's wrong.

Interesting point right right now on an intraday basis. .17 is resistance on a number of levels (downtrend line and price level) with the suppressing descending 200MA over head. Watch out for head fakes - only consider taking position if on considerable volume break.