anyway those are day trades. The indexes formed inverted
hammers off resistance so could someone have taken a short based on
the daily chart of ES or SPX and held it, yes def and would have
been objective. The trades are relative to the time frame you
are trading, the RVM trades are day trades only. A short
based on the daily SPX or ES, well that's not a day trade
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Hi Matt - what timeframe did you trade it?
Fed leaves rates unchanged
Posted by torvix on 18th of Sep 2015 at 02:46 am
trade what? ES, TF? GC?
Posted by matt on 18th of Sep 2015 at 09:03 am
trade what? ES, TF? GC? When I trade futures via the RVM method, I look at 5, 10, 15, 20 min charts and whatever time frame a chart sets up I take it.
for example here's a short trade I took on the TF yesterday
http://bpt-images.s3.amazonaws.com/0962275001442419604.png
anyway those are day trades. The indexes formed inverted hammers off resistance so could someone have taken a short based on the daily chart of ES or SPX and held it, yes def and would have been objective. The trades are relative to the time frame you are trading, the RVM trades are day trades only. A short based on the daily SPX or ES, well that's not a day trade