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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (11611)1/4/1999 12:09:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
45 degrees is a pretty sharp angle; I usually look at 30 degree angles as safer, when they get much steeper than that I tend to bail out of long positions and start looking for the short.

I'm pretty certain I will get long a bit later but for now it's just futile to try to hop on, it seems.