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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Triffin who wrote (8126)6/7/2000 9:36:00 PM
From: xcr600  Read Replies (1) | Respond to of 39683
 
I got in a little early before the crossover. I entered 48 3/8 when things looked to be perking up. I usually like to confirm the entry and wait for the candle to close and the start of the next. Too much whipsawing lately. Therefore I held the short in a different account and wasn't able to get that covered till 50. (ouch, but still a profit of a couple).

It's been really tough lately as quite a few stocks just consolidate in narrow ranges and cross back and forth with no real movement. I think as the markets settle down we will see more and more sideways movements and make MAX less reliable. (examples- SNDK and SAWS)

How reliable has the 15min setup been for you?