Trades for Thursday in indexes

W

Walther

Yesterday I posted 11:15 and 12:45est.
This morning yielded 10:45est.
See if you can match these times with signals produced by your methods.
Walters
 
Quote from Husky02:

walther

how did you miss the reversal @ 11:15, thought that was pretty obvious...maybe i'm missing something
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It was posted yesterday ( 11:15 )
I do not try to pinpoint reversals that is why trade times are lagging or preceding actual tops or bottoms. Analysis is done on 5 or 10 min charts so sometimes it is on the reversal bar but if you look on 1 min( do not do analysis on 1 min ) it is never right on top or bottom.
This is actually a good thing, 1 min chart will tell you where to put your stop.
Trying to pick tops or bottoms is not a good idea.
Walter
 
Today was pretty simple, if you stayed with trend you did good, trying to pick tops was lethal. So it was great educational day for both, trend followers and reversal cowboys.
This morning I got email from a guy who suggested completely new way of using trendlines ( new to me ) so I will try it out tomorrow.
Walter
 
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