Shorting to Take Advantage of Overbought Market [View article]
Why would I talk about 3-6 month time frames when that is not what I trade? I'll leave that to those who are experts at that time frame.
My trades are swing trades that range anywhere from a day or two up to a few weeks. I am not a day tarder.
Best, Paul Singh
On Jan 06 09:59 PM Greg Pinelli wrote:
> Paul...tighten up the whole deal...very "short" term trades have > very large error profiles....You like gold?..Then tell us some medium > term (3-6 mos) trading patterns that make sense for someone other > than day traders..... > Keep at it....
Shorting to Take Advantage of Overbought Market [View article]
Sure things can get more overbought. However, nothing goes in a straight line. I expect a pullack, and am playing it.
If you read closely you will see that this is a *very* short term trade. Please understand the time frame I am using. I am bullish on a longer time frame, as the charts I posted indicate.
During the period you are talking about, I made some excellent short term trades using the T2108 when it reached *extreme* oversold readings.
Shorting to Take Advantage of Overbought Market [View article]
My trades are swing trades that range anywhere from a day or two up to a few weeks. I am not a day tarder.
Best,
Paul Singh
On Jan 06 09:59 PM Greg Pinelli wrote:
> Paul...tighten up the whole deal...very "short" term trades have
> very large error profiles....You like gold?..Then tell us some medium
> term (3-6 mos) trading patterns that make sense for someone other
> than day traders.....
> Keep at it....
Shorting to Take Advantage of Overbought Market [View article]
If you read closely you will see that this is a *very* short term trade. Please understand the time frame I am using. I am bullish on a longer time frame, as the charts I posted indicate.
During the period you are talking about, I made some excellent short term trades using the T2108 when it reached *extreme* oversold readings.