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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (4078)1/23/1998 10:42:00 AM
From: TATRADER  Respond to of 7396
 
Myron, I study the pattern...
I study high volume areas....
I study my Gann Retracement...
I study my Fibonacci Arcs and Fans...
I study my Speed Resistance and Quadrant Lines...
I study you, to figure out when you might get nervous and cover or buy..
I study finally the overall market to determine if my cover points will be hit or missed depending on market strength or weakness..
I study Bollinger Bands and Envelope Channels and Moving Averages...

Then I put the story together, and come up with the cover points....
On UTI I am looking for cover point on shorts at 13.75, but I didn't do a full study on it.....

Regards, Mark