"Another thing to consider might be a rule of not entering any trades until you have been seated and analyzed the market for say 15 minutes."...
what are you trading? if its forex.....just light your money on fire. you need to define "catastrophic"
don't be greedy......take the juicy piece in the middle. don't forget.....after something trends it consolidates or pivots.
I agree..............:)
or like this in diff . timeframe
something like so.
change timeframe and apply a moving average
sell @41.5-43.00.........if it gets there.
http://www.businessinsider.com/john-paulson-5-billion-2011-1
buy.........buy.........
sounds like your stops are too tight....recipe for ruin. \for the most part.....anybody complaining of being stop hunted just don't know that...
its what works for ya...... whatever floats your boat. and volume is important.
running a tick chart (lets say 50 tick ) next to a minute chart ( 1-5 minute ) will let you see whats taking place inside the bar. the same...
those damm stop hunters did it AGAIN!
thats why you can make money buying options.... just PUT it to work.
did she post PnL for 2003?
nice reversal on euro @130.80
looks like dx is makin a turn here.
but to your original question...... yes it looks like it will roll up to change the general trend.
those tall candles are "short covering stop outs" very helpfull when trading on a minute chart. volume is key when reading.
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