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farooq

02/20/07 11:54 AM

#39268 RE: Nocona #39265

Nocona,
That exactly I thought and covered my short at a 7 Cents loss and went long again. My reasoning at short was that we might have resistance on EMA 34; once it is violated and next bar even fail to reach it back I did what system say.
I posted all in real time so people should under stand how a trader think. I will stay with the trend and EMA 8 is my stop.
Thanks for reminding me.
Sold @ S3 got 45.02. Now flat, Might take a short on EMA 3 violation and on down ward slope of CCI.