March 8, 2011
Today LNG – Cheniere Energy got killed. There is no other way to describe what happened. Everybody wanted out. It was the classic: “Sell first – ask questions later.” The chart illustrates why it is crucial to cultivate a disciplined approach to trading. Always use stop losses. If you are not in front of your […]
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March 7, 2011
Not exactly my best day ever. Then again, as a technical trader you have to embrace pullbacks and consolidations as they will provide the fuel for new moves to the upside. That being said, we are witnessing a change in tone in the market. The aggressive momentum driving up stocks is gone for now. As […]
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