that is a very good question…….and there is no perfect answer…….The most discipline way to trade it, is wait for a 5 min close above, and buy a break of that highs candle…(then use that previous candle low as your stop)…GL
David: would you ever be interested in having trading authorization in someone’s account? With my job I can’t really follow market as closely for trading vs swing trading account. Also, since i’m in cleveland area would be nice to meet you if i decide to go forward with your paid services. Thanks and keep it up. Your posts are interesting and informative. Seek peace. John
I think it would be a real benefit to have a time on your blog postings. Not just date. I follow twitter also which obviously has time but checking website you don’t get the feel of time. Just a though
I will look into that……all the posts go right to twitter, which are timestamped.
when Fitzstock Charts Premium Service starts, the subscribers will get emails and have access to real time post on my @fitzstockcharts locked account(for subs only)
Should we wait for a second 5 minute candle again for confirmation above 87.69? Sometimes you use 10 minute. How do you choose which one to watch?
that is a very good question…….and there is no perfect answer…….The most discipline way to trade it, is wait for a 5 min close above, and buy a break of that highs candle…(then use that previous candle low as your stop)…GL
David: would you ever be interested in having trading authorization in someone’s account? With my job I can’t really follow market as closely for trading vs swing trading account. Also, since i’m in cleveland area would be nice to meet you if i decide to go forward with your paid services. Thanks and keep it up. Your posts are interesting and informative. Seek peace. John
John,
At this point I am not offering a service that includes trading authorization.
Hope to see you soon, and thanks for the interest.
I think it would be a real benefit to have a time on your blog postings. Not just date. I follow twitter also which obviously has time but checking website you don’t get the feel of time. Just a though
Gena,
I will look into that……all the posts go right to twitter, which are timestamped.
when Fitzstock Charts Premium Service starts, the subscribers will get emails and have access to real time post on my @fitzstockcharts locked account(for subs only)
See ya soon
Hi David, I followed the iwm set up today. Do I move up the stop price now? If so, at what price? Today’s high, or my entry?
I use previous day’s lows on my runners……GL