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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (25115)7/10/2000 1:38:41 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Looks like I am in at 1500.25. 1500 flat would of been a better entry. Price having problems reaching for yesterday's high. A possible pullback in the works. Stop loss at 1498.75, getting ready to move it up to 1499.75.

Now moved stop loss to 1499.75. Price moves any further, I will move stop loss to B/E. Price now at 1501.50.

Now moved stop loss to B/E. Looking for an exit. Price at 1502.25. Giving price a little extra time since it is currently at yesterday's high. Out at 1502.00 for a scalp. If I had an extra contract, I would keep it at break even right now.

Lets assume I have that second contract for practice purposes which I have been doing lately. There was a bounce off the 20 EMA 1 by gutsy traders using that EMA as their "god". If this fails, I am out with my second contract. Stop loss now set at 1501.00 on that contract. Price already hit that pice level once and pulled back.

Out at 1501.25.

Bob Graham