Andas, 2 quick questions:
1) what does LOTM mean? (low of the ? possibly) any other terms similar to those I should be familiar with?
2) your arrow around 16:49.. was that ideally a short or long trade? If long, how did you decide the trend had changed from a downtrend?
Me personally, could only catch the afternoon session, and caught 1 scalp.. I thought today was tricky after the initial morning move downward...
All I kept watching is the bouncing around forming a triangle in the afternoon on my 30 min anchor chart.
This led me to believe there would be alot of "bouncing around" and no solid moves... So I thought perhaps even fading S/R with tight stops might be the right thing to do...
Which begs the question, I know it seems like a bad idea for a trend following system (AHG) but are there days where you sense "no real action" and change the methodology and scalp or fade?
Or is that just asking for trouble?
advice?
