Looking for 5-10 min mean reversion trades

[IronFist]

Quote from slacker:

A video that describes a 5-10 minute r2m strategy can be found at:

http://www.youtube.com/watch?v=hFkQYycC_mg

Good luck,

That will blow out an account in a few minutes during a big trend.

Price usually reverts to mean of BBands, but sometimes it keeps going up the outer bands and then you lose. I've blown demo accounts when that happens before.

 

[jbt]

Quote from IronFist:

That will blow out an account in a few minutes during a big trend.

Price usually reverts to mean of BBands, but sometimes it keeps going up the outer bands and then you lose. I've blown demo accounts when that happens before.

If you actually listen to the video I make that very point which is why I trade this setup with 2 stops and I am out. If the series continues to trend I will abandon any more attempts to fade that price leg and wait for a new swing to form.
Boris

 

[wave]

Have you figured out how to buy @ the bid and sell @ the ask?

 

[wave]

Quote from the1

"Look for diagonal levels of support and resistance along with exhaustion volume patterns."


Every now and then, an ETer will throw a bone to the crowd. The above is quite a bone if one figures out how.

 

[Goalgetter]

Quote from wave:

Quote from the1

"Look for diagonal levels of support and resistance along with exhaustion volume patterns."


Every now and then, an ETer will throw a bone to the crowd. The above is quite a bone if one figures out how.

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Very interesting imho.

what does an exhaustion volume pattern look like - any indicator pleae?

Thank you!