Thursday, March 04, 2010

Stopped Out YM Flat Holding SIRI Long

The second false system entry in a row for the YM system. Stopped out with a 20 point loss. The channel is still in full effect. I am expecting a down day today in the market and the system should fire short once again. However, I am not going to anticipatory trade and will wait for the entry signal. Remember the lower Neo Surf Channel line is 10363 in the YM. Continuing to hold SIRI long from 88 cents with a stop now at 90 cents. Best Wishes!!

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