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LTP rotating up

Posted: Fri Nov 14, 2008 11:11 am
by Trader Question
I'm am really "seeing" the LTP rotate "up" because of the HTP

The Monthly is in Trend Run up (albeit barely) and the Weekly and Daily have formed block levels and appear to be about to have Congestion Entrance up after the Trend Run Down

It's happening "and" I can see it happening "real time".

Hopefully the mkt rally is strong enough to keep it going -its been a weak "refresh" so far.

Now if I can trade this with a "longer range" prespective instead of jumping in and out for $2.00 at a time, then I think I've got it.

D.M.

Re: LTP rotating up

Posted: Fri Nov 14, 2008 11:12 am
by pldot
Re holding for longer times... yep, a challenge. Purely a psycho issue, once the technicals are understood