Trend reversal or pull back or no idea

Discussion in 'Trading' started by FreakofNature, Apr 10, 2012.

Market Direction - What's your take ?

  1. Trend Reversal - Major correction incoming

    5 vote(s)
    15.2%
  2. Healthy pullback - New highs coming soon

    19 vote(s)
    57.6%
  3. I have no idea

    9 vote(s)
    27.3%
  1. That 50 is now below price Tank, what's next? :D
     
    #11     Apr 12, 2012
  2. I trade the short term and not particularly involved in long term analysis as I trade size and that requires severe risk management via stop placement.

    As a trader I live in the 15/60min tf, with occasional quick studies of the daily. Not too worried about the long term direction, up down sideways, I trained myself properly to trade all market conditions. When you do that, you don't pay too much attention to the future but only the opening in relation to the recent past.
     
    #12     Apr 12, 2012