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


To: Gary E who wrote (17169)3/2/1999 9:03:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
He he...I just asked GZ what his bond plan was as well and I happened to include that exact phrase in the question. More specifically, I will know this is a bad trade if we take out yesterday's low. However, how does that jive with "don't let a profit turn into a loss?"

I just don't know. I have a target of 124 and change based on a fork read. However, it should run into resistance at 121'20 or so based on a minor fork read. I am going to see how it acts and play along. I like the trade and want to give it a chance, yet being up 22 ticks in less than a day is also a nice gain I don't wish to give up.

Let's see how I do with it......