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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 (2014)8/18/1998 12:59:00 PM
From: Patrick Slevin  Respond to of 44573
 
I think the 95 level is becoming too low. Below 1100 but not as low as 95. It been some extended day with respect to intra-day MAs. Been far above my longer term ones all day.....very unusual.

I don't know what it is about 2 o'clock.....it's not the bonds but it seems it is not unusual to rally into it. I suspect it has to do with the return of traders from lunch and the start of the 7th Bracket. Many I know will not trade in the middle 3 brackets. It's almost as if there is a push to get positioned for the start of the endgame.

Check a few dozen intra-day charts. Surprising how often the 30 to 60 minutes before the 2 o'clock hour is bullish.

As far as my position trade, how do you handle this? I mean, just sitting back and making money with no pressure? This is boring as all hell.

Good idea to split the accounts. I do that with several stock accounts, designating one as risk, one as yield, et cetera.

Plus, it's easier to track one method over the other for results.

I imagine I would keep the Day-Trade account rather small so it would have to work harder to pay for itself and not tie up too much capital.