A Post Collection of IHUB's Greatest Hits

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Posted by: Geaux Fish
In reply to: CRANEMAN who wrote msg# 598 Date:10/31/2007 12:03:02 AM
Post #of 35110

MoMO and HYPE can be very profitable; One must know where the exit is to be successful with it. 1 day 5 min chart and 10 min charts. Riding the Sar wave. A way one can tell here is to watch the PPS on a line chart or candle works fine. If a high is not broken on the second trip and the Sar is close coming up under the candle. Beware and watch close. If it was along run it may be time to sell, short run can go either way. If sar triggers over the candle on 5 & 10 min chart after a long run it time to bail. Now if the 60 min chart and 30 min intraday still haves away to go it may be a hold. I must say it takes time and very good skill development to under stand and watching a number of intraday charts to pick that exit point.

Say again one must want it to achieve it and study T/A.

GF