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The Big Flush, from Craig Mee

September 1, 2010 |

venice high waterIt's always exciting to watch players get their way in markets…..and then get hurt.

Watching a market hold a certain level again and again before, come hell or high water, those bears are going to push it through.

With the appropriate risk, normally it's the trade I want to be on, particularly on a pull back within trend. It's a game of patience and perseverance to see the level and then set bids below at a good place to pick up from the released valve before the market snaps backs and normal less aggressive trading resumes. Sometimes those big evil bears just can't help themselves though…don't forget the bears sometimes win!


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