Re: Short term SP system

["Trader J" <editorial@xxxxxxxxxxxxx>]

What are the stops with this system (money management and system stops)?


Thanks,

Trader J


-----Original Message-----
From: Adcall <adcall@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, July 28, 1998 8:11 PM
Subject: Re: Short term SP system


>Use a 20 hour MA of the highs and a 20 hour moving average of the lows.  If
>the market closes an hour above the average of the highs buy with a stop
>one tick below the low line.  Obviosly the opposite holds true for the lows
>and a sell.  That is it.

Scott, please explain what you mean by "If the market closes an hour
above the average of the highs..."

Thanks

Michael Soliatis