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Strategies & Market Trends : The Player's Club

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Magnatizer who wrote (9643)	6/13/2000 1:32:00 PM
From: Magnatizer	Read Replies (2) of 11513

cancel open orders current position: long 4 New Stops (good 9:30-4:15 each day, no overnight orders in place and these orders are good til canceled) Buy 4 on 60 bar close => 1480.00 (last trade) Sell 8 on 60 bar close <= 1468.00 (last trade) The orders are to buy/sell the open of the following bar. 60 bars close on last trade of 29 min after hour. IOW: 1:29, 2:29, 3:29 close is a 60 bar close. 4:14 is also a 60 bar close and its orders are to Buy/Sell MOC if stop hit as opposed to B/S the open of the next bar.

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