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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (2777)8/28/1998 1:40:00 PM
From: SE  Read Replies (1) of 44573
 
I fully expect a 10 point hit yet this afternoon....determining from where is the hard part. I suspect we might get to 50 on this bounce as it appears that we went through the 200 period ma on the 5 minute chart.

I am going to look to shorting in the high 40's low 50's. Of course, this will only be done if the indicators are with me at that point, but for now that is my guess....hit high 40's, look for a short from there for 10 points by the close, minimum.

Now, how can I extend that 15 minute window in case this doesn't pan out?

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