Replies to post #580 on The Black Box

[wahz]

So, if I get it, you would expect a pretty substantial drop starting right away, but then a rebound nearly as big, followed by higher prints in a day or two, right? On average I mean

[TREND1]

Steve and wahz
(1)You may have noticed the chart on my web site going back to
2000.
(2)The key to any study of candles is to know what type of market you are in. Bear or Bull.
(3)If you are in a bear market, candles, moving averages,
or "pissing times" will be good shorting indicators. IMHO.
(4)On the other hand, if you are in a bull market, even
direct word from "god" will fail as a good shorting indicator.IMHO.
(5)Sooner or later "good traders" will

(A) Find the TREND
(B) Wait for a move against the trend, wait for a turn with the trend, then act.
(C) TREND is a very tricky word, which can have many time frames.