Traders Laboratory - View Single Post - Bullish Or Bearish
View Single Post
  #4 (permalink)  
Old 05-29-2007, 02:52 PM
waveslider waveslider is offline
waveslider is sliding surf

Trader Specs
 
Join Date: Apr 2007
Location: Victoria,Canada
Posts: 388
Thanks: 21
Thanked 27 Times in 23 Posts
Re: Bullish Or Bearish

Good point nopoint(?!) - also to know exactly what you are looking for before trading (patterns/threshholds/etc.). Never good to change the plan midstream.
Like you said, when you have a bias, you know what patterns to look for, or which side to lean towards..
For example, if markets are ranging, you might want to fade the range only in direction of previous trend in anticipation of the trend re-asserting itself..

Reply With Quote