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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Clay M who wrote (14355)2/1/1999 12:00:00 PM
From: Tom Trader  Read Replies (2) of 44573
 
My day trading is not as mechanical as the position trading

I use a combination of approaches

I do focus on divergences and also try to trade with the trend -- which is up for now. Trading the gaps are where I tend to depart from the trend from time to time. Also a couple of tools that Patrick and Scott have posted in the past. Day trading for me is still very much something that I am learning -- getting better at it -- but still need to master it.

On the bonds, there is good day trade short today -- just a matter of getting a decent entry. In this instance I'd use a combo of intra-day supports/resistance and divergences. Would look for about 10 tics on the trade -- but I trade a lot more contracts than I do with the spoo.

But you clearly did the right thing in bailing when you did

Where is Temple's stop?? Also could you post when Inger goes long.
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