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The Trading Cycle

Posted: Wed Nov 19, 2008 10:18 am
by Trader Question
Well I quess this counts as Congestion Entrance Down I think I've experienced the the whole cycle now 2 weeks ago when I started doing my analysis the mkt was in the process of bottoming then last week we had the rally and now we have a top and a move back down and so it starts all over again
It has been a good learning experience and now I know what to expect at each stage of the trading cycle - just hope I remember it all and can get better at it I think I've learned what works and what doesn't also I've learned that you can't trade the 60 min on its own - there has to be a HTP P&L tool to back it up.

DM

Re: The Trading Cycle

Posted: Wed Nov 19, 2008 10:20 am
by pldot
Yes, you're getting a complete dose of market "cycle. "

The most important part of what you have said you are seeing below is the HTP coordination... that's the ballgame. The rest is just detail.