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TFC Commodity Trading Forum

Re: deadly quiet/ what happened to Ralph
In Response To: Re: deadly quiet/ntr/str ()

7-10 some rule

can use either up or down mkt

nov beans..

had 7 days of higher high and lower lows ( cant remember about the low on the 7 day might have been spike reversal bar) but good enough

when you take out the previous days low sell all longs

and look to short it.. but stop the recent high ( or low) give it a we bit of breathing room.. experience can get you out sooner

and in the position to perfection.. like on beans the other night caught the bounce high after the sell was generated
and banked .55 cent profit in a blink... i was selling at 16.56 57 think high was 16.60

you need to gain experience looking at the set ups...

extreme highs or at extreme low vs the middle ground etc..