Trading the SLA/AMT Intraday
- Thread starter dbphoenix
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You're trying to take over for Surf, aren't you?
See my post in the House thread.
My apologies.
No need. But it just serves to make the thread longer than it needs to be. Those who are truly interested understand that the only noise is that provided by the trolls.
Of course not. Marketsurfer doesn't believe in TA. He holds no currency here.You're trying to take over for Surf, aren't you?
And BS uses the RSI and Bollinger Bands (along with God knows what else), so he holds no currency here either.
Schaefer, can you indicate here where proper stop loss placement would be? ThanksOkay, so the late afternoon rallies have infected even the docile Fridays. Of all those levels, the market chose 48 as the launching pad, after testing the mean of pre-market a few times. The double top sell off was absorbed by eager buyers, overwhelming supply at bars 17, and 18. The aggressive sellers on bar 19, were again, overcome and trapped by more buyers, and that's when the sellers packed their bags, and went away for the weekend.
Monday is half day session.
Schaefer
If I can interrupt B1S2's monologue for a moment:
http://www.elitetrader.com/et/index...w-a-straight-line.287955/page-66#post-4098515
http://www.elitetrader.com/et/index...w-a-straight-line.287955/page-66#post-4098515
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