MURICO.com Forum

Re: DH, I don't always get 50 cents

but I've found that if 50 cents is all the run I get the first 60 min from the time I hook it, I go home empty handed or make a donation. My 80/20 probability factor dictates the momentum should give me 50 cents if I have made the correct read on my indicators, which many times I don't. If the momentum potential doesn't line up for a 50 cent move, my risk reward comfort zone doesn't allow me to throw out my lines. I'll be patient and wait for the setup. I did reset my sell orders at 87.30 but 15 min after I was filled my charts and quotes went down and another 15 min of working blind the anxiety got the best of me and I settled for the 20 cent deposit I had. Wouldn't you know, 10 min later I had my charts back to see the break below 87.00 and looking like it's headed for another 50 cent drop or more. I hate it when that happens but can't complain, PRIME DIRECTIVE met.

Tomorrows another day, another ball game, and maybe good FISHING WEATHER. Which end of the pond will they be biting on tomorrow. The south end looks to have a lot more hungry fish looking for bait, the 50 cent sucker fish always seem to be the hungriest. The water current patterns continue to suggest the BIG ONES are patiently waiting on the north end. A break of 90.65 will likely produce a momentum launch to 95.00 + but Dec hogs could continue to be the whipping boy until it expires. Wouldn't be the first time but the percentages favor the low being in place pre Thanksgiving Nov 10th-20th.

Messages In This Thread

The final Purchase Index for - - -
Re: DH, fishing weather has the waters
I consider it a major catch, ITZ, when - - -
Re: DH, I don't always get 50 cents
As I look at the fundamentals, ITZ, I get - - -