Daytrading Course
Learn to Read the Tape
Exploit Pit Pivot Points
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PIVOT MAGIC JOURNAL - EXCERPT

Good morning,

Monday's tape presented us with one decent 10-point trade,
and a bit of scratching practice.

Always a good (but painful) lesson to learn!

Be well,

=] ;-)>
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BS"D

Pivot Magic Trading
First rule:
"...Any time you don't know what is happening, get out!"
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E-mini
Monday March 10, 2008

. . . [SNIP] . . .

4A = Volume (middle chart) tells us that the BBs are coming back from lunch. Prepare to trade!

4B = TTT (Third Time Through) assault of the S1 succeeds. 123 retest is an acceptable "S" entry signal.

F = Entry on this large red candle permits initial stop to be advanced above the high of the candle.

G = Arrrrggghhh!!!

Lower-Low-Turns-White. That's one of our Pivot Magic Trading Exit Now! signals.
Do not hesitate. Go flat NOW!

All we got for our effort was practice scratching! +/- 1.75 points

. . . [SNIP] . . .

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

Monday's PMT Chart: