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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 (8881)	11/20/1998 10:46:00 PM
From: coug	Read Replies (1) \| Respond to of 44573

Congrats on your nice trade.. I didn't do anything after my short trade. by the time, my stuff turned up it was kinda late so I didn't risk it.. Actually, I didn't notice it until after, but my longer term 15' bars were basically positive.. Still positive BTW.. As they say, Couldn't see the forest for the trees.. Have a nice weekend.. The Packers have a tough one coming up.. Are you going? GO Cougs.........Huck them Fuskies

To: SE who wrote (8881)	11/22/1998 1:29:00 PM
From: Clay M	Read Replies (2) \| Respond to of 44573

Hi Scott, I noticed that you are using MACD for the spoo trades. I have been using it for a long time on 5 min charts and found it to be a big help, particularly when you use it with other indicators. It goes haywire sometimes, but you can tell if you're looking at other things. I pay close attention to the crossing of the zero line to indicate strength of the trend, and also divergences from price. That was a good trade you made Friday. I also bought it at 1160, but got flushed out at 63.20. If I had just paid attention to the MACD, I would have held it to the close, which was the high. I don't know what's going to happen Monday, but I bought Puts on the close, looking maybe for an expiration reversal Monday. Clay.