In full agreement with you here, NIN. Often new traders like myself and even more experienced ones, have that 'are we there yet' instead of keep trying to read the map themselves. Reversal..Pullback..Fakeout... We made a lower low on the daily yesterday (Japan?) if we make a lower low today I will cut my long. We did open higher, have well passed the 60% fib, I would expect it to carry on bullish.
No. The only thing I have seen are flat days after lots of strong moves, or days where there is plenty of news and you know it is going to be a day for strong moves. I bet there are statistics for this that will say xyz days are better than xyz days. A 5second chart may also tell you how choppy it is going to be? When I see large and frequent candles, say 12,15 and 20 pips, this is a good sign that things are going to get choppy.
Cornexforex Would you mind posting one of your recent charts? I tried to enlarge one from your blog but could not for some reason. I am wondering how you manage to keep scalping so well.
Yeah I plan to post some examples in the blog as well as write more on my TA view. Will do some on weekend, when have some free time.