Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 681.76

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Dec 12 4:00 PM EST

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To: wilywilly who wrote (37963)	10/3/2005 9:46:43 AM
From: Ken Adams	of 39683

I wouldn't enter that trade if "eventually" the color gets right. I suppose this is a personal thing, but I would enter if the second candle turned to the right color. If the second candle remained the wrong color, I'd pass on the trade altogether and wait for a clearer signal. It doesn't hurt to pass one of these since a new, clear signal is just down the road a little farther. Edit: What this would entail is to go flat. Not the way TC likes to be as he stays 100% involved.

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