Monday, May 13, 2013

In Trading As In Life...

...you have to have a plan.

Sorry that I don't have more of an intro to this blog. Got a late start and wasn't at my computer over the weekend. Here, then, are some of the setups I'll be looking at this week. I've zoomed out on some of the charts so that distant resistance points are visible. The white rules represent breakout. The green lines represent targets. I'll try to update the blog and insert my thoughts into each chart as the day goes on. I think that the charts themselves are pretty self-explanatory.

$IGT chart time frames are daily and monthly respectively. $PCLN chart time frames are daily, weekly and monthly. Obvious on this one that $PCLN has long-term resistance to overcome.

As always, trade smart, stay solvent, stay in the game.






























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