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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 (2181)8/20/1998 11:09:00 AM
From: SE  Respond to of 44573
 
Tom,

To me it looks like it will be going higher. Am on a buy signal, but cannot pay attention to it. Indicators are improving.

Bumping the 200 period ma on the one minute TICK chart. This will provide some resistance.

-Scott



To: Tom Trader who wrote (2181)8/20/1998 11:11:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
<I assume that you would use a stop>

Sure, probably a half stop at 1106 and the rest around yesterday's high, 1110.

Then I would check it periodically, using the cell phone, and lower it to breakeven if the trade went my way far enough.


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