Postby TheRumpledOne » Mon Oct 29, 2007 5:40 am
Ken:
If the price enters the SHORT ZONE from above, it's time to GO SHORT!
The idea is to be with the trade as it leaves the zone so you can get the most "milk".
If you are LONG and the price reverses down past the OPEN and through the SHORT ZONE, and you are still LONG, then perhaps you may want to reconsider trading....LOL!!
All kidding aside, please post a 1 minute chart showing what you are talking about.
When you are scalping, "IF IT STALLS, IT FALLS", TAKE YOUR PROFIT QUICK AND DON'T BE GREEDY.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.