“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday 18 July 2013

INTRA JULY 18

This mornings move up caused us to go long intra-day, and depending on where your short level is or stop loss is.. you could have made a few or lost minimally.  Yesterday we stated that a sideways move would have us going higher and that's what it did and sideways always gives trader a hard time due to the fact that indicators turn and prices are tight without margin for profit taking, but if you have a stop loss put in then you would be ok at this point.

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