I don't like equities, but it's hard to be bearish with all of the
breakouts and the recent consolidation which was pretty tight. I would have to
say equities are bullish until they show evidence to
the contrary.
Gold has probably had its run for now. I expect it will consolidate before
moving higher. Attached is monthly chart showing rise into pretty tough overhead
resistance. Note consolidation behavior 415-35 and
expect something a bit more frothy and quicker breakout to north.
Earl
----- Original Message -----
Sent: Sunday, December 04, 2005 7:57
AM
Subject: Re: [RT] Trade Management
I don't like equities, but it's hard to be bearish with all of the
breakouts and the recent consolidation which was pretty tight. I would have to
say equates are bullish until they show evidence to the contrary.
Gold has probably had its run for now. I expect it will consolidate
before moving higher. Attached is monthly chart showing rise into pretty tough
overhead resistance. Note consolidation behavior 4-15-35 and expect something
a bit more frothy and quicker breakout to north.
Earl
----- Original Message -----
Sent: Friday, December 02, 2005 6:07
PM
Subject: Re: [RT] Trade
Management
Hi Earl what is your view on US equities and
Gold?
thanks sue
----- Original Message -----
Sent: Saturday, October 08, 2005 7:10
AM
Subject: Re: [RT] Trade
Management
My stop is placed at the point where my strategy was wrong so if
price comes close to the stop but does not stop out, I will let the trade
run. That said, if the approach to my stop and move away are such that the
technical characteristics of the trade have changed, I will consider
exiting the trade.
Earl
----- Original Message -----
Sent: Friday, October 07, 2005
10:45 AM
Subject: [RT] Trade
Management
If your in a trade and it almost gets stopped out,
but doesn't quite, do you have (i) a rule that says scratch it around
even if you can and be thankful, OR (ii) just use the same
exit if the trade that was never offside and just boom went your
way?