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Norm,
The notice was to make traders aware of a potential
reversal in the current trend of each market. I would not enter the trades until
I had confirmation of the reversal. Usually this is a price traded above the
previous days high (long) or below the previous days low (short). Of course
reversals begin on lower time frames so traders with intra-day data and the
right tools could enter at more favorable prices.
Regarding exits: The point of exit of a profitable
trade is entirely dependant on the psyche of the trader. Some traders ,
like me, are satisfied with smaller profits on a regular basis that can be
compounded into a sizable result. Other traders may wish to ride the trade
longer. So what I would do is irrelevant to the purpose of the
post.
Regards,
Jim
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Norman
Winski
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, September 17, 2003 1:26
PM
Subject: Re: [RT] Jim White's Market
Picks
Jim,
I hope you don't mind, but I
organized your recommendation below with today's closing prices.
Please let us know when you would exit these
positions.
Regards,
Norman
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Jim
White
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx ;
<A title=gannsghost@xxxxxxxxxxxxxxx
href="">gannsghost@xxxxxxxxxxxxxxx
Sent: Wednesday, September 17, 2003
1:50 PM
Subject: [RT] Futures trades
<FONT
face=Arial size=2><FONT face=Arial
size=2>
The Near Impulse Forecaster is indicating some interesting futures
trades in the next few days.
Sep 17 Closing Prices
Buy candidates
are:
Nov. crude oil 27.10
Nov. Heating oil 7277
Dec. cotton 66.59
Dec. wheat 3494
Sell candidates
are:
Dec. Bonds 108-18
Dec. Bean Oil 22.77
Feb. Pork Bellies 88.475
<FONT
face=Arial size=2>Also QCOM, 44.28 is an attractive short
candidate.
Jim WhitePivotTrader.comHome
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