Week 40 Analysis

4 Oct

News for the week…
Pending Home Sales to kick off this week’s news announcements should provide a great environment for intraday trading. What we will be watching for this week is a break and close outside of this past week’s consolidation.
Here are some things to keep in mind in your trading.
More is better than less
Sooner is better than later
Always take a little bit less sooner
When you have a profit, you CANNOT, let that trade turn into a loser. Have everything in place before the trade is placed because once you are in the trade your objectivity becomes skewed.

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