Watch list for 02/06/2009
Good day,
Right now I didn’t find much interesting charts for Monday. There are possible day trades but it is up to the open. For swing trade I didn’t find low risk setup and I will stay defensive until I will see market direction. It is too much news expectations what increase risk. Remember that cash is position too. If you will trade look for CCI setups or usual patterns on small time frames and use them for fast trades.
Wish you all good luck
Ivica
Good day,
Right now I didn’t find much interesting charts for Monday. There are possible day trades but it is up to the open. For swing trade I didn’t find low risk setup and I will stay defensive until I will see market direction. It is too much news expectations what increase risk. Remember that cash is position too. If you will trade look for CCI setups or usual patterns on small time frames and use them for fast trades.
Wish you all good luck
Ivica
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