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This post didn't make it yesterday, I hope you get it before openining if
you want to trade FCK
I couldn't send this either, perhaps the post is too big with 2 .gifs
so I am sending the text separately and the gifs by them selves.
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> Fra: Stig Olausson <olausson@xxxxxxxxxxxxx>
> Til: realtraders@xxxxxxxxxxxxxx
> Emne: FUT: More FCK.......
> Dato: Tuesday, April 28, 1998 12:59 AM
>
>
> Let's try again.
> We have some really interesting setups comming up in FCK tomorrow.
> The Dynamic Trader Software comes with some really interesting
features.
> There are some 20 different studies included in the program. and tomorrow
> there are 2 setups we can use.
> the first one is " Expansion Pivots" From Hit and Run By Jeff Cooper.
> This setup looks for an expansion bar move away from a moving average.
> To sell we would look for:
> 1 Today's bar is equal to or greater than the widest range of the most
> recent 10 bars
> 2 AND today's close is below the 50 bar moving average.
> 3 AND the 50 bar moving average cuts through either today's bar or
> yesterdays bar.
>
> A bar is considered a set up bar when it's marked by a little red dot.
>
> Check out .gif "Pivot": There were a few that were quite rewarding
> The break out day last Thursday was a setup. The sell reference is the
days
> low.
>
> Now - what's interesting about that setup, is the NEXT setup that came
> today.
> That setup is the "Inside Day/Narrow range" setup from "Street Smart"
> (Connors and Raschke).
> Miner's Setup is to:
> 1 have an inside day (Today)
> 2. AND the current bar should also be the narrowest range of the last x
> (miner choose 4) bars.
> Protective stoploss above the setup bar (today's) for a sell.
>
> ONLY trade in the direction of the trend
>
> If stopped out on the day of entry, reverse position. If position is not
> profitable within 2 days: exit!
>
> The Trend? Miner's trend filter, the red bars at the bottom of the "HVR"
> ..gif have turned red and are hence indicating DOWN. The setup in the
Pivot
> ..gif has not resulted in any down move YET, but indicates to me that the
> trend is now down. If in doubt look at the 50 day moving average.
> Also remember from my earlier post that Supertaders Almanac "Liear
Cycles"
> book defines the cycle trend as down into the week ending Friday may 8th.
>
> This should be a low risk trade. Unless we mess it up again.
> It has happend before.....
>
> Good luck
> Stig
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