Watch list for 02/02/2009
I will send several long ideas. I think they all look good for swing and some for position trade. Problem is that long position is right now opposite of main trend what we have out there, so every longer trade then intraday trade is higher risk. Also we are in the earning session what increase risk. Anyway, the look all good and I will follow them until pattern will hold and I will take them, but it is VERY IMPORTANT to know that we must use proper risk on them. I will start with small (because we need to use bigger stops) and if they will work I will add on next opportunity. If anyone will have any question about any setup please contact me and I will be glad to help if I can
LONG:

I will send several long ideas. I think they all look good for swing and some for position trade. Problem is that long position is right now opposite of main trend what we have out there, so every longer trade then intraday trade is higher risk. Also we are in the earning session what increase risk. Anyway, the look all good and I will follow them until pattern will hold and I will take them, but it is VERY IMPORTANT to know that we must use proper risk on them. I will start with small (because we need to use bigger stops) and if they will work I will add on next opportunity. If anyone will have any question about any setup please contact me and I will be glad to help if I can
LONG:












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