Landed A Whopper...


This trade was taken as a direct result of the horizontal 4-hr support/resistance lines and trend line confirmation on the 60-min chart. I would have preferred an entry at ~195.00, but instead entered short at 193.90 due to not being at the screens early enough. The news regarding B&B(the UK banking giant) being taken into public ownership(nationalized) certainly did not hurt the situation. In fact, it may have been the gasoline on this fire.

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