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107

6277

<-support stop (Support stop

STOC 5 3

:;K= 48 - 48 D:B615 0=5725

H=5990 L=5&B8 C=5882

Figure 41 0615. The Swiss Franc blew off on a large magnitude move, closing near its highs. The weekly oscillator was pointing up and the daily oscillator had come out of oversold. I placed an order to buy a breakout of the high, and was filled the next day. I placed a protective stop 3 ticks below the low of my fill day. Prices messed around for two days and then started to move up.

Ive shown how I trailed my stops. When prices became really volatile, I trailed my stop to the low of each day, and was stopped out as shown.



10128

9913

9&38 9416 9201 0918

ST0C5 3 1

23 yJ)= 23 5=8629 0=9580

H=91 1=9427 C=9520

Figure 42 On 0620, tiie weelciy Bond oscillator had been pointing down for two days. Another down day would give me my third segment down. The daily oscillator, which tends to be a lagger by one day, would come out of oversold unless prices really plunged. I decided I had nothing to lose by selling the low. I placed an order to sell at 94-26, with a profit stop at 94-16, and a protective stop at 95-22. The next day, prices moved up and closed near their highs. I placed no Bond orders for the following day.



1770

1733

1697

1661 1625

1516 1480

STOC 5 3 1

<-ou

-d-- 53 V3- 53

D=0&2B 04628 H4631 14610 C46i5

Figure 43 0620. The weekly oscillator for Crude Oil was flat and the daily oscillator was rising. Prices had formed a ledge.

I called in an order to sell a breakout of the low of the ledge (1 597) or the high of the ledge (1624).

I was filled the following day, and one day later prices took off. I trailed my stop and was out where shown on the chart.



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