Tired of BUYING @ the top/SELLING the low?

NexusFi · 2012-02-04T23:16:23-05:00

The only reasons I look to short a high or buy a low, is on divergence, and/or spiking volume followed by no follow through. I use divergence, because markets generally do not turn around on V tops and V bottoms, they will generally attempt double/tripple tops/bottoms, and generally create divergences in the process. Also, spiking volume followed by the inability to continue in the same direction typically signifies exhaustion. These are signs of spent momentum. Im picking up on looking for divergence, while …

Discussion in Emini and Emicro Index

Updated February 5, 2012

Tired of BUYING @ the top/SELLING the low?

February 4th, 2012, 11:16 PM

#21 (permalink)

MoneyHor

Las Vegas

Posts: 23 since Nov 2011

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Billbb

Tired of BUYING @ the top/SELLING the low? ME TOO !

This depends on your "Hold" time. Buy anything at a current top or bottom and hold it long enough it's bound to move in your direction eventually. Everything is relative - in life and in trading.