|
PureBytes Links
Trading Reference Links
|
That depends on your trading time frame and exit strategy.
Short Term counter trend guys can play Turtle Soup - but they must
take their profits quickly.
Long Trend Followers have a more predictable Profitability over time
and they hang on and weather small losses and small pullbacks against
their initial entry.
In trading there is something for everyone
Regards
David Hunt
http://www.adest.com.au
At 11:33 AM 18/10/2006, you wrote:
>When it is recommended buy, sell and when it is recommended sell, buy as it
>will be "turtle soup"
>
>On 10/18/06, TA_Trader
><<mailto:tatrader%40netvigator.com>tatrader@xxxxxxxxxxxxxx> wrote:
> >
> > what about the close ? was it near the high or low?
> >
> > ----- Original Message -----
> > From: chichungchoi
> > To:
> <mailto:equismetastock%40yahoogroups.com>equismetastock@xxxxxxxxxxxxxxx
> <equismetastock%40yahoogroups.com>
> > Sent: Wednesday, October 18, 2006 8:18 AM
> > Subject: [EquisMetaStock Group] How to handle this 20 days Breakouts?
> >
> > Buy - when price exceeds the highest high of the preceding 20 days.
> > Sell - when price exceeds the lowest low of the preceding 20 days.
> >
> > Does anyone have any suggestion on how to handle when price exceeds the
> > high and low of the preceding 20 days on the same day? which is a large
> > outside day. Should I buy / sell / take no action ?
> > Thank for any suggestion
> > Eric
> >
> > [Non-text portions of this message have been removed]
> >
> >
> >
>
>[Non-text portions of this message have been removed]
>
>
>
>No virus found in this incoming message.
>Checked by AVG Free Edition.
>Version: 7.1.408 / Virus Database: 268.13.4/480 - Release Date: 17/10/2006
----------
No virus found in this outgoing message.
Checked by AVG Free Edition.
Version: 7.1.408 / Virus Database: 268.13.4/480 - Release Date: 17/10/2006
[Non-text portions of this message have been removed]
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/equismetastock/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:equismetastock-digest@xxxxxxxxxxxxxxx
mailto:equismetastock-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|