But when "it" happens I don't think it will explode up.Gents, we are uncharted territory. Everything could change at the drop of a hat on multiple fronts. It is going to be a wild year as schizo says chop, chop until it isn't.
good entry.short 4147
10 point stop
short 4147
10 point stop
How relevant is market history 80 years ago for what's going on today?
Chillibean, what time frames do you use for short term trades?out here +15
Hence you'll wanna use Percent (eg. logarithmic chart).There is no way you can even go back 10 years. Look at NQ. A 100 point day happened once every few months. Now, you can't get less than a 100 point day.
Maybe if your strategy account for volatility it would be more viable, but there is no way you could take your strategy from 10 years ago and just multiply all the variables by 5 and still trade it the same.
Neverthless, I got the trend all messed up today. It's a tough market for sure.Gents, we are uncharted territory. Everything could change at the drop of a hat on multiple fronts. It is going to be a wild year as schizo says chop, chop until it isn't.
1m and 5m mostlyChillibean, what time frames do you use for short term trades?