Email Hotline for 09142006 at DayTradingForecasts.com


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all times given are Eastern

Today:

Technocrap update:
Today I got the new server running the Moneytide.com site. I still have
to add the daytradingforecasts site. At this point the new server
is looking good.
Meanwhile we had a network problem affecting the current limping server.
That was resolved this morning.

When the new server comes on line I will extend all hotlines by the
number of days we have been erratic - since th 5th.


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Today:
Mercury,Moon,Mars,Pluto,Node: 1313-14+18= 1331-32 -high
Moon, Jupiter, Saturn, Neptune: 1323 - low
green +Tide

Win2Day:
9:30 - passed - both sides of 110
2:00 - passed - not out of band, then went flat on the 110

Tomorrow: ************************


Tide Times:
9:40, 10:45, 11:30, 12:45,1:20,2:45

Prices: all +/- multiples of 18 points

Jupiter, Saturn, Neptune: 1323
Pluto,Node/Sun: 1331
Mercury,Mars: 1333

Strategy: Trade the Tide turns near

9:40
1:20

be careful about making things up - if there is no juice, don't jump

Remember, *********** chaos follows dullness !!!!!!!!!!

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Standing Instructions
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For trade times before 11:00, be sure to use EXMA's that include data from 8:15 Eastern

Normal Rules ( as published on daytrading forecasts.com in the tutorial): These fit a Trend or Trend continuation scenario, identified by prices trading within a couple of points of the 110 minute EXMA, taking profits on a 12 point range.

1. Watch for the opportunity to go with the trend or change in trend at the time(s) given.

Be alert for the turn coming early or late.

Be patient and use the tracking indicators. Plan to trade in the direction of the 110 EXMA coming out of that time frame. Prices should stay on one side of the 110 EXMA and it should be moving, or curl up or down from a flat position. Prices should be within about 2 points of the 110 EXMA.

The 20 minute EXMA should have crossed the 110 EXMA, or dipped toward it and then pulled away from it.

When this setup is clear, enter in the direction of the 110 EXMA with a 3 point stop.

If each setup is not clear 60 minutes after the given time, skip the trade.

2. Move the stop 1 point each 30 minutes. If market moves decently, trail it by 3 points.

3. Cover on a 5 point gain**, 90 minutes after entry , at the next Tide turn , or if the prices clearly recross the 110 minute EXMA.

** see fast move rule and stall rule

**********************************************************************

Band Edge Rules:

These fit a trading range scenario, identified by prices 4.5 points or more from the 110 minute EXMA

1. If prices trade to or outside a band edge, and the 3 minute candlesticks form a Shooting Star (SS), or a Hammer (H), near the Tide Turn, the trade is setup

2. Enter when price breaks the 20 minute EXMA moving toward the 110 EXMA.

3. Trail an exit stop 2 points from the 20 EXMA

4. Cover on a 4** point gain

** see fast move rule and stall rule

**FAST MOVE RULE

If the trade gains 3 points within 30 minutes of entry, press the stop, using the 20 EXMA as a guide to move the stop to the low or high of each pullback (normally about 15 minutes long) once the move makes a new high or low. Cover any gain of 9* points.

*It is OK to use the fast stop rule if a trade starts fast, but to then cover at +5 or +4 if it slows or stalls

***Stall rule:
Cover any trade that stalls for more than 45 minutes


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