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Re: Little Chico post# 49420

Tuesday, 09/23/2008 3:35:58 PM

Tuesday, September 23, 2008 3:35:58 PM

Post# of 79026
Little Chico - This morning I got stopped out by 1 tick just as the market was reversing and made another .5% dive. Using your logic of looking at the 5" chart after getting a buy/short signal, I later looked at the 5" chart at the time I was stopped out. What I saw was a clear topping out candle at the time of the stop followed by what was soon a good short entry based on a very nice double top on the C14 and the fact that I would have been trading with the long term trend. I will keep an eye on this and see if it is really a usable strategy.

Woodfish is the moderator for this board, but he not active in it that I can see. Would you be interested in taking over his position, assuming he would give it up?

Jon


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