Trade #1 & 2
Trade # 3 & 4
Momentum: Chop, CHOP, CHOP!!!Blue Arrow: Loser
Green Arrow: Winner
The 6E's all over the place since last Friday. Tape's crazy, candles are crazy, and it's absolutely impossible to enter a stop order without feeling like you're going to be trapped. Limit order (something that I'm not accustomed to using) seems to be the way to go for now.
Support and resistance are still reliable (in fact, about the only things that are reliable on the chart!) and I'm starting to buy at places I usually wouldn't (ie. when candle says "no go", but price is at support). I could have chosen to stay out, of course. Which I think is what I'm going to be doing for the rest of the day, if I could.
