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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Philip C Manoharan who wrote (774)	3/24/1998 11:13:00 PM
From: Ken Wolff	Read Replies (3) \| Respond to of 2120

Philip, Normally I key on the individual trades occurring at the bid or ask...usually you can adjust the columns on your quote screen to accommodate the information. If I see a pause as a stock is downticking then an inbetweener (2nd indicator to a direction change) I will then wait for buying as my last indicator (trades occurring at the ask) before entering the trade long. Exact opposite with tops and shorting. I do not rely on arrows but I see no problem to adjust to that type of indicator to spot trading. I really like MB Trading for quotes, news, level 2, charts...great service. Good Luck Ken www.mtrader.com