In long term, this is a ranging market. You can see it from 4H. In medium term, this is a turning market. It is in a process of going for a long trade. That is the direction but I do not know if the trend will hold the direction.
Last week I manage to profit but only by a little. I lost a lot on Friday but manage to cover the losses and gain a little profit in the last minute. Have to stay up till 4am just to cover the losses.
Its a hard life becoming a trader. Is this the life you wanted? Sometimes I wonder that myself.
Ranging Market
Monday, December 8, 2008
