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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 (4223)9/17/1998 9:41:00 AM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
System got stopped out from its short trade last Friday

Buy signal on Monday--which I was required to ignore because of the downward momentum. Thought that I posted this.

So am flat at the moment

Sell signal today at about 1043 to go short -- but being locked limit down does not allow me to do that. In any event I am required to wait about 30 mins after the open before going short if my level is triggered in the first 30 mins. So let's see what happens--no doubt that I will end up short--unless there is a helluva rally that starts soon.



To: SE who wrote (4223)9/17/1998 9:59:00 AM
From: coug  Respond to of 44573
 
Scott,

Sorry about being slow to respond but since I am screwed up for a
while I'm working on my football picks, BTW, I like the Packers, Vikings, Patriots and Seahawks to cover.. all home team favs except
the Packers..

As I mentioned, the Beta smooths out any indicator, less head fakes
Once in a while, a divergence sets up, quite opposite from usual
positive or negative. For example, if the S&P stays flat, and the
beta and indicator rises or falls and suddenly turns down, the
S&P will fall.. on any time interval.. just one example.

Hope this helps..