Been trading dead cat bounce for couple days : C 16.8 , BAC 22.6 and UYG 19.6 , buy, made a buck then sell , ...wait for bottom again...will continue do this until bottom broken down .
Thanks, be .
The ideal trade is when the short term trend is with the long term trend .
The more time frames that signal a "same direction trade" simultaneously, should lead one to expect a higher rate of success (bobjack) .