Interesting. This is a "work in progress' for me. The reason I am quoting this, I believe it could be correct and folks need to pay attention to it. I was afraid the gems you mix in your posts get lost. You might want to read my Journal, "YM in a can" to see my struggle with this. Michael B. conversely do not exit at the end of the day. Exit on the second high volume test of the opposite extreme of entry. this is the point where the daily range cannot be extended by any increased level of momentum.