This will teach me to wake up late…
The first signal was pre-market, and even if I’d have taken it, I would have waited for it to bounce off Alla’s Avg before getting in. The second signal was around 8:40 (Central time) and I wasn’t awake yet. Oh, well…
Note this is an example of an oversized move that crosses several math lines. So, even if I had taken it, I would have scaled out of my contracts too early. I’m thinking that if I trade with 3 or more contracts, I’ll try to hold the last one until Bonnie’s Bars reverse on me. That might be a good balance between conservative profit taking and riding my winners. And, it’s still mostly mechanical, which is cool.

June 11th, 2008 at 7:25 pm
I caught the 8:45 trade. I love those…out in 10 minutes. I use a 5 point target and some days I sit in trades for an hour.