im stuffed as to what to do lately, so ive just been sitting out today.
Test and failure of the range breakout above 5700, so there is some technical explaination for the fall today.
Also, the gains early in the wk were primarily cause by overnight movements, with cash trading consolidating these gains (except for yesterday).
Id say a fair few shorts got burned after the 5700 resistance breakdown, hence the excellerated move.
So - i sit here analysing the markets, and i seem to havesome good points...but i dont make a dollar. Becoming a trader is the difficult thing isnt it!
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im stuffed as to what to do lately, so ive just been sitting out...
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