Quote from ehorn:
YM2-ES5 10-15-2007
Quote from cnms2:
I just guess that what you've drawn doesn't help you much in correctly evaluating the NOW's market sentiment.
Quote from Haroki:
Never seen such a strange "shape". Kinda like a U.
Fanned channels so many times it got to be ridiculous.
Anyways, plenty of points to be had on days like these if you're patient. The whole mid day until 15:30ish was "hands off" for me.
Jack makes mention of this and explains it as Money Velocity and the risk/reward ratio based on volume and experience:Quote from innersky:
So how do you decide that mid day until 15:30 is "hands off" ?