SPI Trading 18th January 2008 part 4
12:05....
SPI rallied up from the lows and moved straight back into the 5-day lows @ 5679....
Even though I had an idea this would happen, my systems were shorting on the way up, so I didn't get back into long trades
SPI touched 5679 (resistance) and entered into shorts @ 5675
partial exit 5662 (stops breakeven from entry)...
Next exit 5640
and holding 1 lot into close
Posted by
Frank Dilernia