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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Keith Feral who wrote (37154)	8/30/2012 10:29:16 AM
From: GROUND ZERO™	Respond to of 218936

With the main model, it's really important to take the signal once it's triggered during the day because otherwise the market could explode through that buy or sell price and much of the cream of the trade for the first day is removed... you'll notice that the market seems to linger at those signal prices on the days the signal price is approached, as if somehow the market knows... the model is not for amateurs, the model presumes that anyone following the model is already a well seasoned trader and knows how to enter and exit using proper money management on those trades... the signal is active once the market trades through that signal price, but the signal is only confirmed on the close that day if the market closes with the signal still active... if the signal is not confirmed on the close that day, then the market will most likely resume its already ongoing trend... All posted prices are based on the large SP futures contract, not the cash market... GZ