Hi Guys,how's the trading going.Closed all my trades yesterday...

Hi Guys,how's the trading going.

Closed all my trades yesterday and am taking a short break for things to settle.Don't want to be sucked in too soon .I have seen that our market support levels were very good.Yesterday was a great test and it passed quite well.

I see until that dominant red weekly candle is overcome in the near future the danger is still hanging.That is why when the XJO approaches the support or resistance levels and that is 6050/6450 i go on a balance of shorts and long to hedge the danger levels but take out big positions in the live index.Last week the expected happened without warning and what a bonus.My hedges nulled out and the live trade on the index went on a winnining streak.I wish to join the club interaction more often in the future as i would like to spend more time trading the indexes and that is the XJO,FTSE and the DAX.I find the DOW and Nikkei too volatile for me.Just setting up my new computer gizmos to make it more ineteresting.

Cheers and happy trading

rags to riches