Combo buy !
#11
Posted 01 August 2007 - 12:07 PM
#12
Posted 01 August 2007 - 12:40 PM
#13
Posted 01 August 2007 - 12:59 PM
NAV.......how much wiggle room to you give your trades? I'm guessing if you got long on the 12 noon signal your in at 61-62 ish?
GOOSE2,
Signal and trade management are two different issues. You could trade it in a multitude of ways. What the buy signal says is, before the prior swing low on the hourly is violated, there will be a substantial upmove. My last hourly signal 2 days back was good for 30 points. Generally these signals are good for anywhere between 10-30 points.
This particular signal is still valid in that the hourly swing lows (1449) has not been violated. One could have gone long at 1460 and taken profits at 1469. Or one could have gone long at 1460 and stayed put. Or one could have gone long on a pullabck to 1452. It depends on how much of leverage you are using and how much room you would want to give. I generally use 6-8 point stops.
Edited by NAV, 01 August 2007 - 01:01 PM.
#14
Posted 01 August 2007 - 01:13 PM
#15
Posted 01 August 2007 - 01:25 PM
#16
Posted 01 August 2007 - 01:31 PM
Edited by hiker, 01 August 2007 - 01:33 PM.
#17
Posted 01 August 2007 - 01:37 PM
NAV..your system is giving different trade guidance than my simple system with the 60 min and 13 or 15min..will be interesting to see what happens into the close..again, I am reading fast here so may not be clear what you are doing.
the move of next importance may happenn near 14:55 ET
What guidance is your system giving ?
#18
Posted 01 August 2007 - 01:37 PM
#19
Posted 01 August 2007 - 01:40 PM
Mark S Young
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#20
Posted 01 August 2007 - 01:44 PM
Edited by hiker, 01 August 2007 - 01:46 PM.