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


To: SE who wrote (1190)6/10/1998 12:14:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
If I do, I'll probably just hit balls or putt.

That way I can come in around 1:30 CT and watch Bloomberg TV....try to get a feel if the turn is coming, and sell it there with a wide stop.

It's viable.

If it breaks through R @ 22 in the time being, I would think it will come back soon after to the 23/5 level so if you wish to trade the breakout from the long side I would hesitate to jump in feet first on the initial penetration....as the move should be pretty sharp at first and will get you an entry that is far too high, IMO.