Replies to post #120633 on Simple's Green Room

[Qui-Gon Kagi]

stkjunky......not looking for a reversal here, but a bounce and not a big one either. I appreciate your word of caution as well as your couple decades of experience trading and fundamental observations. I'm not convinced I'll get that bounce beyond the current 15 pips that's already occurred, but I'm watching and waiting with a tight stop.

[pennies2007]

That's true stkjunky. The only addition I would make to that statement is this...

The trend is your friend "until it ends". But usually it takes a while for trend reversals to set up so they don't often quit suddenly and take off in the opposite direction. So, playing with the trend is usually your best bet as long as there's technical room for continuation.