================= Helpful question, because some do reverse, most retrace.; porgie paraphrsed it retracement or reversal. Baifriend; Probabilities on weekly charts , amoung others help; weekly trend is friend also. Shallow retracement in uptrends would include higher highs, higher lows. And even though main uptrend is up ; when weekly trend is down ,good opportunities on short side also, if that fits your personality. In other words , as ''Chick'' Goslin puts it ''continuation is more likely than change'' RXIS; No dont like long YM or ES overnights, or short YM /ES overnights; dividend oil/gas stocks look fine over night,long/uptrend.
FIND ONE SYSTEM FOR THE ONE MARKET AND THE ONE CHART FOR BOTH AND THEN U CAN ACCELERATE THE SKILLS IMPROVEMENT........IF YOU LOVE PINK EYE THEN ENTER TRADE AT JUST BEFORE 8:30 AND RIGHT AFTER........BEST TO SIMPLY WAIT FR 9 /TIME/ OR REVERSAL...........THEN TRADE FOR THE REST OF DAY KNOWING THA T1 O'CLOCK CAN BIT E YOU UNLESS UR SYSTEM IS GOOD ENOUGH NOT TO LET IT BITE YOU.....SOM EINTERESTIN GHTINGS HAPPEN ON THE HOURS AND HALF HOURS.........SHORT CHARTS CAUSE U TO MICRO TRADE OR ZOOM IN AND GET LOST IN THE MAZE AND FOREST.......U SEE BEAUTIFUL STUFF AND THEN U WONDER WHERE THE BEAUTY WENT AS ALL U C IS HILLARY'S MEAN FACE...
Porgie Likes to think he knows everything about the market. it may be called EGO I did challenged him to trade live with me in a chat room, but he declined the phantom trader he is........ lol good luck porgi boy
buzz you proved porgie is no trader.......if others listen to me they are foolish........just curious, where did chat room trading end up........sure did flame in a hurry.........i think maybe too many stopouts with big stops.......?? best wishes and happy trading ....i had to give up on you and osorico........too much hot air and not enough hot trades.............i have a real mentor now........he is best ever seen on these forums.........u might have heard of him........his name is???????????????????????????????
and furthermore i couldn't care less about the market.......i trade my system signals only....don't really care what the market is doing......the more u knw abotu the market the more u lose.........because no none knows what the next bar bring s........