weekend chart, page-111

Cheers Pedro,

Yes market makers have to make their profit too and sure sometime there is a bit of difficulty in entering and exiting trades but in this current situation I tend to trade CFDs more than options.
I don't mind to pay a bit more on option as long as my signals tell me to put on a trade then I will take the risk and get out when I am proven wrong.
This moment I will use chart to time my entry and exit and can't rely on chart to predict longer term moves....this market is driven so much by sentiment and chart can't tell you what news coming from china or US or Europe.
Profits must be taken quickly so losses too....remember last week DOW went up strongly for a few days and it was proven to be the perfect time to take profits.
Now time has come again to start building positions again
and soon DOW will rebound again and take profit again.
Till clearer and stronger trend developes I would continue trading in and out and riding the winning positions is way too dangerous st this time.
I am only interested in short term trading at this time but in a more stable condition I would hold my positions anything from days to weeks.

Cheers,