Even the S&P does cook you from time to time....
To go more in detail of OB/OS, i could not found any edge using daily or 60-120min OB/OS situations in filtering the tradedirection of the day,...
I don`t care too much about OB/OS, i remember one sentence, "There is nothing like overbought/oversold", don`t know the source, but a serious...
Observing immediate price action will however determine what is really happening. don`t agree, you entering a trade cause you see something,...
Hi, @romik Cause i trade mostly a mechanical openrangebreakoutsystem, i did a lot of research under which conditions the % of a larger and...
Tuesday is far more difficult to predict, but i got a red sign to trade breakouts/trends tomorrow, with less % i would guess they take the stops...
So far a rangeday as expected, will end as a Doji, ok i saw 2 tradeable trends in the day, but i have worse experiences with rangedays after...
looks more that this "resistance" of fridays afternoon holding...... countertrend depends of timeframe, the mediumterm trend is still down from...
I don`t suggest to do so, but observe the theory behind and if it works out now, never knows, we need very high TICK, large exhaustion bar,...
A lot of traders already short at "resistance" their stops will accelerate the following move up, but now looks weak, but if they breakout...
both, but i don`t like rangeplay and today my stats say high prob of range
If you think you are good in reversals or catching an early move, they go to work out the fakeout shakeout thing, best would be they take out the...
especially the ES is made to fake the most possible people out of market, so if you ask what marketaction would cause the most possible pain to...
When talking about systems, mine told me not to play any trend/breakoutplay today cause the widerange Bar on friday, by testing i found a...
I found monday`s mostly rangebound and not meeting my style, i stay on the sidelines mondays...
I expect a rangeday, but looks more weak as i thougth, the best would be they manage it up to 1309.5 -1311 to shake out most shorts from friday...
@porgie, i think you have to be weird/addicted with trading, unless you will never see constant success, most are stopping before reaching a high...
That`s B1S2` Journal, i hope it doesn`t mind to much to discuss other things on weekend now, this should be a last curious question. @Spike...
Hi Spike, I just surfed randomly through posts from you and found you to be "The Man"...great respect. So i would appreciate to hear your opinion...
Porgie and others... you are still looking for something too simple and i don`t think spike did meant by "indicators" what most understand by...
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