no science here.... tick is a bit too low for a sell
off right now relative to past Adv/dec spikes... A pop
would be confirmation but not required..... I just
started layering in short.....(scalp trade).
Until Steve/Matt says the trend has changed to the down side this
is only a scalp....
actually,,, checking the 15 min charts we did just get a
tick pop. Not enough magnitude to register in the 60
min charts..... Nice to work different termporal
horizons....
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What would you consider to
Short Side Entry Setup Building
Posted by frtaylor on 20th of Oct 2010 at 02:07 pm
What would you consider to be a "pop" in the $tick? i.e., how high up ought the $tick go?
tick pop
Posted by rreich on 20th of Oct 2010 at 02:14 pm
no science here.... tick is a bit too low for a sell off right now relative to past Adv/dec spikes... A pop would be confirmation but not required..... I just started layering in short.....(scalp trade). Until Steve/Matt says the trend has changed to the down side this is only a scalp....
more on tick pop
Posted by rreich on 20th of Oct 2010 at 02:47 pm
actually,,, checking the 15 min charts we did just get a tick pop. Not enough magnitude to register in the 60 min charts..... Nice to work different termporal horizons....