Trading to win using the Secret Code of the Illuminati

Tag archive for ‘profit taking’

75 and bulls are still alive

75 and bulls are still alive

  After the markets tested 75 at the open and held, it rallied to the psychology area. Profit taking ensued as the market pulled back to support in the afternoon. Scalpers against the trend were finally right, but had to endure a number of stop outs first at a few logical areas. Secret code traders had […]

Spiral of Despair

Spiral of Despair

Friday’s action put an exclamation point to the daily chart. The market has bounced significantly off it’s winter lows, but the sell in May and go away traders took their profits as the market entered into the expected fib zone at the beginning of the week. Day traders just need to get the intraday direction […]