Ally555,I am no TA expert,but I think you are swimming upstream. Yes, ACL is overbought [most indicators show so] but the trend is bullish [7-15sma from 17-07-09] The Dow closed also higher tonight.OMO
Ally, ACL in a holding pattern (no real dorection at the moment. As said over bought signals but could stay there for some time though. I would not risk a trade until a definate signal shows. BTW I dont trade ACL so just plugged into my default system.
AMS short signal starting to close. Might end tomorrow or Friday but i think take profit tomorrow and catch the next up trend next week. OMO
Ally - You need to seriously think of attending Simon's Trade to trade well course. Just the fact that you're asking forum members for agreement raises some questions regarding your trading stategy. omo
Simon, thanks but I have enough pens at the moment. Could I trade the new and unused ones for a clutch pencil? Then I have a set ;-) I work till about 1am in the morning and sleep till about 8:30 am. Lucky my office is 200m from my house so I am in the office at 9am.
Ally AMS closing fast so if you in take profits and spend them wisely.