that'd definitely be the safe thing, which is why I posed it as a question. waiting for Matt to chime in.

    no trigger no trade, baaaaby

    Posted by perthx on 25th of Feb 2011 at 03:27 pm

    I just remember that a signal can stay extended overbought or oversold  usually as long as it wants and usually longer than my patience or endurance, hehe.

    Even if the line breaks slightly with today's tight range it can be a fake out ....

    fake out break 60 sto 5min

    Posted by perthx on 25th of Feb 2011 at 04:10 pm

    well, 1322-1325 may hold this on Monday or maybe it just starts straight down? kinda looks like a small bull flag on the 1 min chart....

    have a great weekend folks.

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