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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (2301)	8/24/1998 12:29:00 PM
From: Patrick Slevin	Read Replies (1) of 44573

Sorry.....I'm a bit late. I bought the pullback to the 88 area at 91 and after it went to 96 I was stopped at 92. Then after the gap filled down to around 83 I bought the bounce at 86.50 The tape is late. I tried to cover at 86 and got 86.70----it's running 30 seconds slow so my fills puzzled me. When I entered that long trade I thought I was going to get in the mid 85 range for example. So that was off a point to the bad and the exit was off 0.70 to the good. Tough to get a good entry OR exit when you don't know what the current sales are. I'm now waiting for a retest of the daily low and see if that might be a good entry. I cannot continue to post though....still tied up. I have an alert set at 84. If it passes through that I'll stop and watch it....perhaps get long with a 2 or 3 point stop which will be brought up to breakeven as soon as possible. I just don't have the time to monitor it. I have to let the stop do that for me. But yeah, if the re-test (providing it occurs) holds I'll try to get long for as far into the afternoon as I can ... providing of course my stop holds.

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