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Showing posts from November 29, 2008

Thoughts....

Once again, I've posted a lot of setups to ponder over before Monday. There seems to be some confusion how I trade the short setups. I use two methods when I short. First, I just go in at the level I'm interested in and slap a stop on it that fits my personal trading style. Or, I'll time my entry using the 60 minute chart. I'll wait for a lower high and go in once the most recent lows are broken on that chart. I'll use those highs as my stop. Here are a couple of chart examples that I hope clear any questions: Chart #1 - MTL (Daily Chart) Chart #2 - MTL (60 Minute Chart)

Index Watch for December 1, 2008

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