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It seems like it is trying to base in here.... Quite the battle to say the least!!!! I am going to step aside for abit till we get some sort of direction!!!!
Still think we could re-test highs and then some - Shall see!!!
Can you help answer these questions from other members on NexusFi?
You'e inside the noise. Probably better to either wait, or pick a direction, rather than trying to play the noise. At least then you either win or lose once, rather than reversing it to death in the middle.
...in a trade... You must of missed my post when I said i would sit on the side lines for a bit to see the direction of this thing... Crazy action here!!!!
32 lin reg line - on a 5 min, 15 min, 30, min and a 60 min chart for kind of keep me on the right side of this thing... In watching the 30 lin reg - It was risky IMO to look for shorts or at least just take quick scalpers which I do at times.
I also use SUPPLY and DEMAND areas - Still think over the next couple of days we could see a pretty good decline yet...Just something I am keeping my eye on...
...that is what I usually go for is 6 ticks... unless I see things that tell me I can go for more... In reviewing one of my trades I see that I broke one of my rules according to my system... Glad it worked out. I have been working very hard at being disciplined with my trading ( been trading since the mid 90's and still working on it - LOL)