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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 (3292)9/4/1998 1:47:00 PM
From: SE  Respond to of 44573
 
Sorry was out getting lunch. Yes the buy signal came when you posted, however, my method isn't predicting the movement today very well. As you can see it already has turned back a bit. Right now would be an entry point, but since it is right on top of the 50 period ma, I would not enter a long right now. Too much chance for an aborted buy at this point. Sorry I cannot be of more help, but today just isn't my system's day....

EDIT ... far be it from my place to offer advice, but you may wish to look at the daytrades you have made and instead of going for home runs (10 points or more), scale out as it works in your favor. Take one off after a couple points, take another after a couple more....go back and see how that would do. Just a thought. Remember, most of the time it is either going to work right away, or you should exit and stand aside and look for a re-entry. Not position trading....