Roy..if you have to ask you shouldn't be trading. TBT gave
a intraday buy signal on 15 and 60 minute shortly after the open.
I view this as TRADE first and foremost as there is nothing
on the daily chart (except very oversold). Sometimes it can
morph into a swing so trail stops if long.
Thank you for your input, Steve! I am looking for a reversal in
bonds, like we had in August for a long-term swing. I admit I am
probably a bit early, but am being patient.
Thank you, Steve. But what
TLT and TBT
Posted by junkie on 2nd of Oct 2015 at 01:35 pm
Thank you, Steve. But what is a good trigger to sell? Going back into the pattern, as a failed breakout? Sorry, I am fumbling here.
Roy..if you have to ask
Posted by steve on 2nd of Oct 2015 at 01:37 pm
Roy..if you have to ask you shouldn't be trading. TBT gave a intraday buy signal on 15 and 60 minute shortly after the open. I view this as TRADE first and foremost as there is nothing on the daily chart (except very oversold). Sometimes it can morph into a swing so trail stops if long.
Thank you for your input,
Posted by junkie on 2nd of Oct 2015 at 01:56 pm
Thank you for your input, Steve! I am looking for a reversal in bonds, like we had in August for a long-term swing. I admit I am probably a bit early, but am being patient.
yw..just continue to trail up
Posted by steve on 2nd of Oct 2015 at 02:06 pm
yw..just continue to trail up your stops and execute your plan. It was certainly an objective entry.