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Alsi Futures 09Nov10

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HateGauteng
Super Contributor
Looks like a nice gap forming.
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29 REPLIES 29
SimonPB
Valued Contributor
only 15 points ???
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earlyret
Regular Contributor
Thought I missed something?
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Not applicable
ja, but yesterday's gap is still in play?
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HateGauteng
Super Contributor
Aha! Using the MTM and not yesterdays close; in that case its nothing worth bothering about! The close did seem a bit silly though!
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HateGauteng
Super Contributor
In that case its closed!
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HateGauteng
Super Contributor
The actual close yesterday was around 28148!
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HateGauteng
Super Contributor
Okaaaay, that looked like it closed gap all the way up to yesterdays real close!
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earlyret
Regular Contributor
You still long HG?
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HateGauteng
Super Contributor
nope was short. hit too much noise yesterday and begun ignoring my signals!
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doomsdayza
Super Contributor
are you trading ma crossovers or what?
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HateGauteng
Super Contributor
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doomsdayza
Super Contributor
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quovadis
Frequent Contributor
HG ... SMA or EMA and time frame?
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HateGauteng
Super Contributor
7/15 SMA, 5 and 15 minute charts. The 15min chart gives less noise but I'm impatient.
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HateGauteng
Super Contributor
System only a week old, what you okes using?
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SimonPB
Valued Contributor
Dude .. Trading is about patience, forget the 5 an use the 15 ..
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john_1
Super Contributor
it goes beyond patience.. it goes right to the heart of the problem..the shorter the time frame the more you expose yourself to the idiot factor. When you use longer time frames you have a bigger sample size...
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asylum
Super Contributor
100% correct john, if any of you are intrested in learning a little bit about trading go to, www.babypips.com its based on forex but the trading styles can be applied anywhere, just click on the school icon. lots of great info on the site.
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quovadis
Frequent Contributor
7 and 15 SMA crossovers would have missed a large chunk of the 15 min trend this morning.
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