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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (12097)11/23/2011 12:09:38 PM
From: Jack of All Trades1 Recommendation  Read Replies (1) of 12410
 
try not to over think it, take the trade and if you get reaction tighten stop and let it do the thinking... Generally at least a 8-10pt move. Then set a 5-15min fork on the low and watch the action...

Here we have moved above the mid tine on the tiny wiggle, should hold that if we are going to move higher... Watch the blue mid tine and upper pink tine for action on this next bar...

JMO

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