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Strategies & Market Trends : Galapagos Islands

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To: X Y Zebra who wrote (30578)3/4/2003 10:01:40 PM
From: gypsees  Read Replies (2) of 57110
 
Not sure I understand this exactly:

In addition to the crossover rules, you must also follow the extreme point rule. When a crossover occurs, use the extreme price as the reverse point. For a short position, use the high made during the trading interval of the crossover. Conversely, reverse a long position using the low made during the trading interval of the crossover.
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