A trading journal site following the in's and out's of the trading day through my eyes. Market sense and commentary. In no way should this be interpreted as a site for recommendations or stock picks. If you treat it as such, do so at your own risk and may God have mercy on your soul.
Wednesday, March 01, 2006
Still long....
QQQCO have moved up to $1.00 x $1.05 and the RSI 5 is nearing the exit point for this trade. RSI is currently at 77.61 but I'm just waiting for a crossover of SMA (2) with the price. I'm not letting this trade slide away however.
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