looking at the SKF 60min chart we have strong timing resistance. looking for the doji to be engulfed for the confirmation... its just resistance, doesnt mean to short before you have a signal...strong trends can break through...
The good thing about that trade with timing is the stops are small. 1 bar doji stop. When those do play out the risk / reward is really good. Timing is hard. I look forward to your next post. TG
I do agree with you temptingtara, was only stating time resistance, said not to short without any signals cause strong trends can blow through. i was actually short the ES all day and still holding...