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Sunday, November 23, 2008 11:53:19 PM
Ups and Downs should not be Trusted for too long.
That's why I like using my 1- and 5- minute Chart Systems ...
they pinpoint the Reversals so you can jump on just before them,
ride them, and then Bank a quick Profit before things violently move against you.
When trading with the 1- and 5- minute Charts, remember
not to get Greedy and Hold longer than 30-minutes or so . . . ...
the Signals on those time frames are forecasting 20- to 40- minute moves at most.
The more you use the Charts for these trades, the better feel you have for trading them
and the better you feel the right ones to get on and which to let pass.
Enjoy the ride !!!
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