Alsi futures 25Oct10

[john_1]

Rule 1 if a 5 year old can't see a trend from 20 paces there is no trend- dont trade, If 5 year old can see trend ...dont trade against it.

[#2]

Now where am I gonna get a five year old ??

[HateGauteng]

Hey Simon your price for entering a gap close has been hit. You in?

[Terra]

If you want to stay in this business, leave HOPE at the door and stick to your STOP LOSSES.

[SimonPB]

yio, just got into office .. an short ..

[SimonPB]

an stopped up ..

[HateGauteng]

Was your stop at 27200?

[ACEP_]

As with you was long from Fiday (Dangerous!), sold at 8:40am, now just gone short, hope Simon's stop loss is not a bad omen...

[SimonPB]

give or take a bit .. I do't put stops on round numbers ..

[#10]

Also short.what triggered u to go short?Just for interest.

[HateGauteng]

If your price was hit again, would you re-enter or does your system say no re-entry?

[ACEP_]

Who me? I just take a position and trade it.... and just hope it is not sideways...

[SimonPB]

sure, but new level for entry being 50 pts below the low .. and only if that leaves a 100 point gap ..

[saash]

I'm getting ready to look at taking a trade short.