Hi Scott, I have a question if you don't mind answering. On this LVS chart, you have the greeen line near HOD as a sell point. Is that point of exit just at the end of the 5-min timeframe (green candle) or just after the turn at the start of the current 5-min candle?
i shorted that about a minute before the green candle ended as the markets were turning down quite rapidly. see my post "dangerous to hold" 4 posts earlier. when the markets are making substantial steps lower, the probability is that stocks will follow. all I'm doing is playing the odds.
Hi Scott,
ReplyDeleteI have a question if you don't mind answering. On this LVS chart, you have the greeen line near HOD as a sell point. Is that point of exit just at the end of the 5-min timeframe (green candle) or just after the turn at the start of the current 5-min candle?
i shorted that about a minute before the green candle ended as the markets were turning down quite rapidly. see my post "dangerous to hold" 4 posts earlier. when the markets are making substantial steps lower, the probability is that stocks will follow. all I'm doing is playing the odds.
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