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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: coferspeculator who started this subject6/28/2004 7:43:08 AM
From: snoot  Read Replies (2) of 14340
 
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the stop was sprung , , my thought was that if i moved the stop lower the other day to 35.50 i would of had a profit , but keeping the stop at the original location had me in for a loss . Maybe in non-trending markets a stop should be moved closer to the price

is this some sort of shakeout ? i will renter the trade to see what happens , it shouldn't be the norm to reenter a stopped out trade.

i thought this was surely not going to break resistance !

tim
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