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Replies to #6635 on The Black Box

wahz

10/18/03 12:02 PM

#6639 RE: dieselfuel #6635

That tactic with the bb's is a good one BUT often, and I mean OFTEN, something that blows thru the upper bb's is on quite a roll and never comes back down much....you have to be right on exit and right on reentry instead of just staying with a winner.

Again, I actually started this thread for many reasons. Primarily it was an attempt to get folks to realize that focus on very short time frames was not the best way, for the vast majority of traders. Therefore trading the q's using my intermediate time frame/momentum indicator.

The indicator turned down Friday.