If you see a bullish setup on a 5-minute chart, look at the 60-minute chart. If the 60-minute trend is bearish, the sniper passes. The best trades occur when the micro-trend aligns with the macro-trend. 4. Specific Strategies for Stocks, Options, and Futures Stocks: The Relative Strength Secret
: Angell cautions never to "fade" (trade against) the afternoon trend, as these moves often run without interruption into the close. Where to Find More If you see a bullish setup on a
In short-term trading, a loss is just data. But (trying to win back a loss immediately) is suicide. If you lose two trades in a row, shut the computer off. The market will be there tomorrow. Your account might not be. But (trying to win back a loss immediately) is suicide
Angell’s system relies on three primary ways to discern market patterns: 4. Specific Strategies for Stocks