SPI Trading 5th March 2008 part 5



14:50

Expectation that if there was going to be BUYing coming into the market it would be around 14:36...

I was trying to BUY the SPI earlier @ 5411 looking for a swing upwards, price move up into an R22 high (under the 5-day low 5437) and started to move back down towards 14:36

Entry Short 5429 exit 5417 +12

Entry Long 5411 stopped 5404 -7

No more trades today: - below 5-day lows (5437) and no buying after 14:36 not looking for longs the rest of the day