All,
Thanks for your thoughtful replies. I am currently spending most of my time researching methods and strategies and testing them out. So far I am getting comfortable using the MACD and Bollinger Band... the pros are probably chuckling at the thought but I will soon find out how good it is. As far as having an edge I am only trading with a 3:1 ReRi ratio and I'm moving my stop to break even only after a snapback. I move my stop up to the highest profit when the Bollinger band is breached and exit the trade when the MACD line crosses the Signal line.
thanks
J