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

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To: compradun who wrote (42843)12/23/2000 3:15:19 PM
From: Susan G  Read Replies (1) of 44573
 
I saw it happen...I was watching on a 2 minute chart and my jaw dropped. It looked to (inexperienced!) me that there were a lot of buy stops put in above the high at about 13:50 or on the break of that EMA and when it hit there were all filled there it just surged due to a lack of sellers at that price area. It sold off amazingly fast and taught me just how fast they can trap you and kill ya <g> Pretty big volume spike too.

You can see it on this chart
home.earthlink.net

My time and sales has MANY trades at 0.0 on a daily basis, I would like to know the answer to your question on that also...

I am learning to trade the NQs with the help of Teresa Lo, and am wondering if anyone has used Peregrine Financial/Best Direct out of Chicago? Their simulator is very good, great for learning and paper trading.
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