I'm finding out that the best way to insure a profitable trade is to check the put call ratio and the order flow. Charts have become a bit unreliable to trade off of completely. Too many charts look good only to find that the masses are trading the other direction and can leave you with a rapid loss.
Also now with using Volume Profile I catching stocks at price lows and ride major moves up/down rather than day trading and hanging onto the monitor all day. Over night and three day trades are giving me the best results.
Takes a bit of doing to develop a system of Pivots and Volume Profile but the results and great.
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