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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (41657)12/1/2000 7:19:40 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Yeah,

I've been watching a trendline from September 1. It seems to have touched it on 9/20, 10/6, and in the overnights early today.

It would be nice if it breaks through it. I sold out of one contract yesterday and still have one. It's not going to be a trade that makes or breaks anyone; just one contract. However because I am not certain about the direction it shall do.

If it pulls back I'll add again. Then if it still looks strong maybe I'll leave them on. Trouble is that the trade does not have a hell of a lot of time to work, as I'm in Dec; but I can always place future Buys in March I suppose.