The general idea on how to use my uptrend/downtrend day call. I think simply trading uptrend day is enough, forget about range day and downtrend day. Make sure win one day then the profit can afford losses of several other days, i.e. risk reward ratio>2 http://bbs.cobrasmarketview.com/ ... mp;p=311479#p311479
Please, make sure you know every forecast has a time frame. For example, the premarket call was fulfilled, it did make a breakout, you cannot, say, at the end of the day saying your call was wrong because the day was down! http://bbs.cobrasmarketview.com/ ... mp;p=311484#p311484
Sharp rebound here then it's a range day. Breakdown the line below in the next couple of bars then it's a downtrend day which I'll pass though because it'd be mostly within the previous day's range, i.e. supports are at every step down $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=311486#p311486
Don't know whether it'd be a measured move down here. A trader on the other hand, won't care, as short here would have very good risk reward ratio so he may go ahead shorting. That's the differences between a real trade and a forecast $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=311490#p311490
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