update on the STO chart.
Gann Fan was hit today i traded the dump and actually got stopped out of half of my position but when it closed strong i was glad i held the remainder, could see an inside day maybe? or a bounce from this line seeing as it was able to close above it.
Happy to watch and see what happens other wise ill be a buyer under $13 again, really the chart needs to see some higher swing bottoms to really convince me of a good bounce but happy to see and have a small position in case :)
About Me
- Scott Williams
- I am a young invester/Trader, i mostly focus on Short term or Intra day trading on the equities or Forex markets. I have recently completed my Bachelor of Commerce double major in Finance and Property. I have also completed my RG146 in securities and Financial planning and while trading is a passion my desire is to work within the stockbroking industry or as a trader for an investment bank. This blog I have set up to help share ideas to others on trades and tips i have picked up from my time in the market. I hope you enjoy my blog and some of my ideas :)
Twitter / scilliams
This blog i have designed for a bit of fun, education and sharing of my thoughts in regards to trading the ASX or general equities trading and also FOREX trading. I am no expert and nothing on this blog should be taken as financial advice, it is merely just a tool for myself to share any trading thoughts i have and for people to enjoy reading :)
Monday, May 3, 2010
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