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Re: FUTR: Grains



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What is a Project-A high?

> Dennis Peterson wrote:
> 
> RealTraders,
> 
> For 120498, Today is an example of how I like to trade the PIVOT
> (average of the previous days High, Low, Close) ... the Project-A High
> in the March Soybean was 5910 which is below Thursday's Pivot of 5916
> ... if SH9 opens on the Day Session below 5912 then SH9 will be
> presenting a selling opportunity. Assume that the Project-A high will
> be the high for the day and use a tight Buy Stop Loss.
> 
> This same trade also applies to March Corn. The Project-A High was
> 2252 ... if CH9 opens on the Day Session below 2254 then CH9 will be
> presenting a selling opportunity. Assume that the PA High will be the
> high for the day, and use a tight stop loss.
> 
> Dennis
> 
> Home Page http://homepage.macomb.com/~mig/home.htm

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