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Old 08-17-2007, 10:09 AM
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Re: The "ABC" Trade

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Thanks walter
Just trying to get up to speed on the ABC. So how do you decide which set of bands to use? It seems like you would want to use 1 atr on quieter days and the 2.5 atr on days like we've had lately with the increased volatility. Correct? Thanks.
Mark
Yes Mark... the area otside 2.5 atr is where market shows strength... when market go cyclical you will notice how it will normally bounce back in from that boundarie... in that case its ideal to trade the "false break" and "lazy" trades... cheers Walter.

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