Out of trade

We were advised by Bob Iaccino to get out of the Ozzie trade because the short term chart broke...but I iniated a long termer yesterday in a different account. Respecting stop losses is the most important thing...

Also, in a previous post, I felt that 956 S+P was a big resistance level. We were there and bounced down...so commodity currencies like this will usually be sympathetic. This is why short term trades differ from intermediate...you can deal with whipsaws when you have an account that allows for longer term trades.

Natural Gas ETF video coming up in the next post.