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Strategies & Market Trends : Aardvark Adventures
DAVE 235.29+5.2%Nov 7 9:30 AM EST

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To: ~digs who wrote (7522)9/17/2010 4:22:22 PM
From: Kevin Shea  Read Replies (1) of 7944
 
sounds about right and almost predictable... at least for a nice swing trade... the play would have been: enter after the xo is defined, ride the tics til 6 and exit, or place stop at the 6 tic and hold for more... the later would go against rule to not try to guess the top... be happy with a 6 day return.

the only issue for some is the hard right edge.... will it or will it not continue? --- all you can do it follow the plan and place trailing stops ($ or %)

remember, a single indicator is not the be all to end all... ADX must be viewed together with all the other stuff.
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