falcon5678 - an answer to your question is to shift to an
intraday chart moving average (like at 20 or 50 ema on the 15
minute chart) versus a daily chart. You can also look to take at
least partial profits on a quick extended move on part of your
shares and consider buying back on a pullback that is followed by a
buy trigger.
Posted by falcon5678 on 26th of Jun 2012 at 12:43 pm
Thanks Steve. So I could sell a little on the way
up, perhaps look to buy it back at the 20 ema on the 15
minute, but if it breaks below that ema look to sell it
all. I'm just trying to find better ways to take
advantage of those panic buys. The worst thing I do is
take myself out of good longs just because they are going
up.
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falcon5678 - an answer to
DBA and Agriculture Sector
Posted by steve on 26th of Jun 2012 at 12:20 pm
falcon5678 - an answer to your question is to shift to an intraday chart moving average (like at 20 or 50 ema on the 15 minute chart) versus a daily chart. You can also look to take at least partial profits on a quick extended move on part of your shares and consider buying back on a pullback that is followed by a buy trigger.
Thanks Steve. So I could
Posted by falcon5678 on 26th of Jun 2012 at 12:43 pm
Thanks Steve. So I could sell a little on the way up, perhaps look to buy it back at the 20 ema on the 15 minute, but if it breaks below that ema look to sell it all. I'm just trying to find better ways to take advantage of those panic buys. The worst thing I do is take myself out of good longs just because they are going up.