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Old 11-13-2006, 01:39 PM
wrines wrines is offline
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Re: Morning Breeze Strategy

Raul,
I have attached my chart from this morning. It is in TS.
15 minute, 5 minute, and 500 tick are used (which normally takes 1-2 minutes to complete a bar). This is exactly what I am talking about. The price pierces the high of the 9:30 15 min bar range at 9:31 but reverse right after a .70 gain, and drops almost 3 points before coming back again at 9:41. In hindsight, the better play would be to ignore that pierce of the high, and instead short the low of 770.70 - then there IS an easy and relatively quick point to be had. But again, HOW on earth do you know this as it happens? Thanks!
W

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