Replies to post #36294 on The TradingEdge

[jxyzobrien]

NO magical chart
magical charts do not exist. The more energy the move has the
higher time frame should be used.

IN most moves that have juice you will get 2 counter moves
3 trending moves then reversal.

Dalton says most of the time there wil be a countertrend move
in the afternoon even when the move has energy. I went long too
early made a few points and got out.

This made me a tad gunshy and i did not enter as i should have the
2nd time.

trading is 50% TA and 50% psychology