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

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To: John who wrote (23705)5/20/1999 10:09:00 AM
From: Patrick Slevin   of 44573
 
I had a position on from yesterday at 36 and closed it at 52 early on.

I think it pulls back enough to go Long once again but this time I won't carry it overnight. Friday seems shaky. Besides, I don't deliberately trade Fridays.

< mulitple signals pointing in the same direction, you have a higher probability of a trade being profitable.>

Yeah, it's just rare that they hit all at the same time. Usually it takes some time for some to catch up. I had perhaps 7 or 8 go Long at about the same time yesterday just after the mid day bottom. It was quite striking.

I took the overnight Long that I had then, but only because I planned it.

I was a deer in the headlights on the day trade because it all seemed too good to be true.

I think I use simpler indicators than you, however. I get confused with a lot of stuff. I have 4 screens, one is oversized. Looking at a lot at the same time is difficult when one trades like I do. I'm usually in and out in less than a half hour.

Like Ground Zee I am looking for the 65 range upside, tops.
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