Learn to Read the Tape
and Exploit Pit Pivot Points

KISS Daytrading Course

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PIVOT MAGIC JOURNAL - EXCERPT

Good morning,

Trading Monday was a bit painful, but interesting.

Took a couple of bites, and our Exit Now! and Profit
Giveback rules got us out before we were forced to
give it all back!

Be well,

=] ;-)>

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Pivot Magic Trading
First rule:
"...Any time you don't know what is happening, get out!"

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PERSPECTIVE
(Daily, bottom right chart)

In yesterday's Pivot Magic Trading Journal we commented:
"The newly promoted floor, however, looks to be potentially
set for a probing examination on Monday."

Sure got that right! All the way to the 62% Retracement level
(dark red line).

REMEMBER: Trade the Tape, Not my Prognostics!

Asher
=] ;-)>
Pivot Magic Trading Course
http://www.TradingThingys.com

Monday's PMT Chart: