yeah especially when the market is extended and we have a FED
meeting tomorrow, I think now is the time to play the trend, but to
be pickier and choosier about longs, i.e. filter them out with
volume, only take the ones taking the best volume, and
use the baseball analogy i.e. don't try to swing for the
fences home runs, instead try to hit singles only and take your
profits.
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yeah especially when the market
Breakouts that retreat intraday?
Posted by matt on 20th of Sep 2010 at 12:08 pm
yeah especially when the market is extended and we have a FED meeting tomorrow, I think now is the time to play the trend, but to be pickier and choosier about longs, i.e. filter them out with volume, only take the ones taking the best volume, and use the baseball analogy i.e. don't try to swing for the fences home runs, instead try to hit singles only and take your profits.