Posted by frtaylor on 28th of Dec 2020 at 11:27 am
That's interesting and a bit surprising I guess. Speaks to the
need for a system that selects the better setups. E.g., avoid going
long when the market has been up more than x days in a row, going
long when the market has been down more than x days in a row. Plus
other filters like divergences and extreme readings. I suppose you
could also trade bullish setups on, say, a 60 min or 15 min chart,
by buying prior to the breakout at the close.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
That's interesting and a bit
it's all about the after hrs baby
Posted by frtaylor on 28th of Dec 2020 at 11:27 am
That's interesting and a bit surprising I guess. Speaks to the need for a system that selects the better setups. E.g., avoid going long when the market has been up more than x days in a row, going long when the market has been down more than x days in a row. Plus other filters like divergences and extreme readings. I suppose you could also trade bullish setups on, say, a 60 min or 15 min chart, by buying prior to the breakout at the close.