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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 (24182)5/25/1999 11:47:00 AM
From: Stoctrash  Read Replies (1) | Respond to of 44573
 
Another hour like the last one and we'll have some PSTOP buys on the NDX and SPX. BKX, IIX and others will need more of a turn up.

Chip....hourly forks you'd like to see?
I've got some time to do some charts today :-)



To: Chip McVickar who wrote (24182)5/25/1999 11:54:00 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
<he does not like using>

Who he?

Sounds a little familiar. I think Kevin (of olden days) used something similar to compute pivots but it seems like something else that I have read elsewhere.

Anyway, your methods and mine would differ completely as you are trying to position and I am not (for the most part).

But any well-defined system for taking yourself out of a trade is better than

"Gee, I dunno. Should I close it or double up?"

That method will french-fry your brain right quick.