BCE
Registered: Sep 2002
Posts: 4035 |
02-23-12 07:37 PM
Quote from BCE:
Also, and to me this is important, Larry Williams once said at a seminar I attended, that the high or low of the day frequently occurs in the first hour. I thought that was a great observation. If you can find that and get on the right side of it and then let it go you'll do exceedingly well. Just look at yesterday's LOD for CL just below 96 where I tried a short. If I had gone long instead and held it til today, there's 400 ticks and even 300 yesterday.
ADD: I'm talking about the first hour of floor trading, not overnight.
Ah, yes. Memories, memories. I remember it now as if this was posted only 15 days ago........................ It was posted 15 days ago?  Going to print this out or maybe I'll just have it tattooed to my chest and sit in front of a mirror while I trade the first hour.
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Sigh......................
