At the moment market has no clear direction. For the past 6 days it has been running on ranging mode at the moment the price is in a squeeze. I have to take exit step in order to avoid break out panic. I am trying to close all my post and in order to do that, I have to take some loss.
It is unavoidable in these market situation. For those of you who has been following my signal, most probably you are making some profit but in the end, like me you will have to give some back.
At the moment it is adviseable to stay aside until a clear direction present itself. Happy trading everyone.
MARKET IS UNDECIDED
Wednesday, April 16, 2008
