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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (25864)1/31/2002 10:46:00 AM
From: Steve Lee  Respond to of 99280
 
Larry & S-80.

Good discussion going on here. It's much more interesting to understand the trade, than to just see entries and exits.



To: TREND1 who wrote (25864)1/31/2002 10:53:32 AM
From: sylvester80  Respond to of 99280
 
No. I use 3 minute charts using Quotetracker. I also look at stochastics of 5/10/15 min. This morning we were #1 gaped up, #2 over the bollinger upper band on the 1/5/10/15/30/60 min charts and #3 had hit the upper band on the day chart. So what I was looking for was the first violent move from the top (took place around 9:39), then my next move was to short on the up retrace. I would been stopped had it hit 48 on that move.


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