Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 686.96

-0.1%

Dec 30 4:00 PM EST

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To: Dr. Stoxx who wrote (17347)	4/16/2001 7:05:06 PM
From: marcos1	Read Replies (1) of 39683

Hi TC, I have also been trading BRCD, took the short signal this afternoon at 25.05, also still trading EMC, short from MAX signal this afternoon at 31.23. For me I have found that I was the most successful trading MAX when I took every signal and did not second guess. The one and only thing that I wish I could improve on is exiting positions prior to the MAX reversal to avoid giving up some of the profit that I had. However, I have yet to come up with a hard rule that I can follow. Any suggestions other than support and resistance? I did experiment with an indicator that measures the distance between the 5ema and the 8ma, I tried to use this indicator like a bollinger band. When it got to a point where it seemed like it would have to snap back I would exit. See link below. tenlights.com Let me know what you think. Thanks, Marc

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