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

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To: SE who wrote (16320)2/22/1999 2:29:00 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
I was heartened by the AG prospects.

Another time frame that my track record is good in is around AG announcements. So I established the trades prior to the Open, guessing that the market would shoot up, back off then shoot up.

I got shook off the day trade as a result. I imagine I'm getting too complacent. Another danger I sense about positional trades.

Without looking at anything special for tomorrow as yet, it would appear that the high should bust through this time. It goes back to an old saying about Resistance levels and how they eventually fall.

Essentially the short version is "Third Time is the Charm".

Well trading this way has me bored to death. I am quite certain that tomorrow will see me exiting Stage Left as soon as I get a morning trade in my pocket.

See you later,

Patrick Slevin
Vice President Snagglepuss Division
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