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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 (8796)11/19/1998 1:34:00 PM
From: coug  Read Replies (2) | Respond to of 44573
 
Scott,

Although I scalped a point to the short side.. I think we end the day
higher.. We have spent most of the day on the upper side of the range. So all the Mo is under us.. I read a while back a common
floor traders rule is not to try to pick the top or bottom of
range for a reversal if it has spent most ot time at that end..
You would be fighting all that energy... Clear as mud right..

Looking to go long..



To: SE who wrote (8796)11/19/1998 6:41:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 44573
 
Scott,

I've always used the standard chart, that's how the fork was developed originally by Andrew. Have you noticed that the internals show that buying is beginning to dry up?

GZ