Why not simply make 1 trade in the am based on first signal and stay put until a current high/low is broken? That way you might not need to make that afternoon trade, which can go either way.
Agree with that until we have a signal that has the potential to reverse which I believe this one does. We still have an hour. Plenty of time for the new trade to run.
I ill work on my 15 minute charts to see what they produce.
Thanks.
Quote from Buy1Sell2:
Depends on the next 2 or 3 15 bars. I view reaction as having a reaction that lasts for a bit. The market can probably be bought above that 1371.25 though I would say.
You jest, and I smile, but believe it or not, it helps me to overcome my biggest psychological issue....fear of losing a profit. Believing you to be a stellar trader and knowing your attitudes help me to understand the approach one must take.
I'm glad it was of some help. The key here is that I may be wrong, but I have defined how much I am willing to risk and I assume from the beginning that it will lose, that way I can stay unemotional during the trade and let it run it's course for better or for worse.
