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


To: Jerry Olson who wrote (23427)5/17/1999 8:16:00 PM
From: Judy  Read Replies (1) | Respond to of 44573
 
re: "anyway i could use a good dose of discipline....trade every signal, like you and TT..keep a daily log of every trade"

Yeah, and you'll probably pm me when you go stir crazy and drive me nuts too.



To: Jerry Olson who wrote (23427)5/17/1999 9:10:00 PM
From: Patrick Slevin  Respond to of 44573
 
Well, I really don't get the sense that it can be used well in the prescribed format for OEX.

Rather, I would skip the intraday turns and look at the overall pattern projection.

For example, if he says the day should be rather a one way street up then I would look at hie times for Entries for the Long and and then await a Buy Signal and hold much of the day.

On the other hand, if he said the day shaped up to be rather "V" or "U" shaped then I would go with putz on the early Sell Signal and reverse into Calls on the Mid-Day Buy Signal.

Trading the times during the day can get rugged switching in and out of OEX options. But that's just my opinion.

It's also my experience, to be honest, as I used to do it quite successfully but once the OEX split it became a private nightmare. That was well before patterntradingDOTcom was an entity, but still in all I think the experience may prove to be difficult.