Waiting for Pullback

While my focus list is full of longs, the market is too overbought to enter right now. I am waiting for pullbacks to support for most entries. In the meantime I may take a few more short positions on strength. These are quick trades meant to capture a few points off the expected pullback.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: