I'll post up trades i've taken after closing them. 4480.5 acted as support 3 times before it eventually broke quite violently. Thought there'd be trapped longs in the area and shorted the market as it went back to retest the area. Trend was also clearly down. result: stopped -4 points
Maybe i'll keep an eye out for doji bars on the 1 min on Monday. Would have given a few good trades today.
barcadia, if you don't mind me asking, how tight are your stops ? If too tight that in it self is self sabotage. looks like your right in analysis but getting taken out only to see price continue as you previously surmised. Maybe I'm wrong here ?
they vary depending on the pattern Quick comparison of a 'flip' trade that worked, vs one that failed (previous support becomming resitance)