Friday, June 3, 2011

My assumption with 5/10 min divergences(tested on LC) is a bit off by 0.01(1 fluc) as it closed lower at 0.91.

Does it really work that way or I just got lucky today? Need more test.

PX bounced off WPP/MR2(20) today but it looks like it is going to open lower by next week.

LPZ broke down from its 5-min trend line confirmed by RSI. Spread is still pretty wide. I should have placed my sell order @6.58 today. Looks like I'm going to be stuck in a triangle.

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