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

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To: SE who wrote (5412)10/5/1998 4:10:00 PM
From: Tom Trader  Read Replies (1) of 44573
 
>>What would it take for your system to reverse itself....sorry to ask, really.....<<

No problem with you asking--really!!

Scott, I went flat at 93--where I got short

Remember this was a continuation signal and so entry into the trade was optional in the first place. The last continuation signal to go short was at 1053 and that would have been a great trade--but I did not take it.

The next primary signal would be to go long--any signals to go short would be continuation signals....

Not sure what to make of today--a reversal of sorts. I would think that this argues for a bounce at this point--not sure though.

Re my system, the signals have been far from accurate at this point -- not sure why this is but I shall stick with the system and sooner or later, it will come together again.

I was doing really well earlier today and gave back a lot of profit--but such is life. I had a feeling that there could be a reversal of sorts--and that is why I asked Don to post if he saw signs of one.

Glad that you made out well.

Am done for today and will talk to guys in the am
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