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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 (13206)1/20/1999 9:17:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
It's a risky trade.

Every possible scenario I threw into my history files shows a high percentage of success but in the low percentage ones a seller gets blown out of the water.

Be that as it may; I think the Low SHOULD come at or shortly after 10, so that's where/when I would be getting really careful.

On the other hand, it may not even start to turn until 10:15. So in that case the Low comes a bit later but still quickly so the Short should be entered with an eye towards a quick SAR.



To: Tom Trader who wrote (13206)1/20/1999 9:45:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
The gap has to be filled....I have to get moving ... see you later.

EDIT Short from 65, best I could stand for, given my delay in realizing what had happened.