Opened the position w/ the bet of an upside market move, because following issues have appeared. 1) The market was sliding sharply but there were no $ticks lower lows. Plus internals were continuing to stay bullish. But: 1) I have forget the golden traders rule - do not try to catch a knife. And thanks to broker and its one minute data delay - the $tick have posted lower low, so the first reasons of the trade entry was faulty.
13/05/10
Opened the position w/ the bet of an upside market move, because following issues have appeared. 1) The market was sliding sharply but there were no $ticks lower lows. Plus internals were continuing to stay bullish. But: 1) I have forget the golden traders rule - do not try to catch a knife. And thanks to broker and its one minute data delay - the $tick have posted lower low, so the first reasons of the trade entry was faulty.
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