Retail sales- they were mixed:)
If you don't wait for a good entry you might wait longer for a decent exit
I think there are many good indicators but none should stand alone , they should be accompanied by at least volume and one other to confirm....
I think the recent run up might be a little overdone , but a lot of the moves get that way- a simple "probably" from the fed and the s & p soars...
I like the ascending triangle a couple of posts back, upside structure almost always gives something-As for fake breakouts If a trader can...
If a trader doesn't wait for a good entry he/she might wait longer for a good exit
for example ..when trading "es" support may be more defined by observing the "ym " and the other way around it will vary at times- 10,20,30 sma...
earlier post asked for opinion or suggestion- ..may I suggest using multiple time frames simultaneously such as 5, 15, 60 and daily . Moving...
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