artistin
25.01.2001, 13:10
Hi,
mal etwas zum Beobachten....
01/24/2001 MCDT 60-minute 30-day - MCDT made
a strong run from 45 to 75 in only five days and has
been pulling back for two days within a defined
downtrend (see chart). That trend presents a setup
for a long play once there is a breakout. One strategy
is to set a break-even stop almost immediately and
play it anticipating a quick run only, or (and this is
how I prefer to do it) buy the break and set the stop
just below the low it made before crossing the
downtrend. This is would end up being a wider stop,
so risk/reward logic requires allowing the broader run
to play out if the stop isn't hit (as opposed to bailing
for a smaller gain).
@Ralph,
schick dir gleich den Chart zum Einbauen, ok??
grüsse
artistin http://www.abt-edv.com/Board/smilies/smile.gif
mal etwas zum Beobachten....
01/24/2001 MCDT 60-minute 30-day - MCDT made
a strong run from 45 to 75 in only five days and has
been pulling back for two days within a defined
downtrend (see chart). That trend presents a setup
for a long play once there is a breakout. One strategy
is to set a break-even stop almost immediately and
play it anticipating a quick run only, or (and this is
how I prefer to do it) buy the break and set the stop
just below the low it made before crossing the
downtrend. This is would end up being a wider stop,
so risk/reward logic requires allowing the broader run
to play out if the stop isn't hit (as opposed to bailing
for a smaller gain).
@Ralph,
schick dir gleich den Chart zum Einbauen, ok??
grüsse
artistin http://www.abt-edv.com/Board/smilies/smile.gif