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

To: Tom Trader who wrote (1264)6/15/1998 9:10:00 PM
From: Patrick Slevin  Respond to of 44573
 
Globex implies an up evening with a upside bias in the morning which should be sold.

My initial impression/thought will be to short it in a short while....short it again around 4 AM ET, short it before the open, and short it around 10 AM ET.

But I'm not exactly certain of my timing just yet......this is just a guess.

Anyway, if my preliminary thinking is reasonably accurate you should still gain your target soon enough. I have 1 ET as the low of the day tomorrow....but that is just a quick call as well. We'll know soon enough.

EDIT First sale off at 1087.50



To: Tom Trader who wrote (1264)6/15/1998 10:03:00 PM
From: Leland Charon  Read Replies (2) | Respond to of 44573
 
TT,

How is your daytrading effort progressing? I have also been looking into daytrading although I feel more "short-term" trend trading may be more to my liking. Have been working on a couple of things trying to capture a good portion of the trend when it exists.

Keep in touch,

Leland

P.S. Great position trade


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