What stocks to trade?

[wsam29]

	Quote:	ddau
	I Unfortunately I didn't have the guts to reverse and get long.

That line that you entered yourself tells a great deal about really how you are trading.

You are still missing 1 key indicator in my opinion that would have given you more reason and confidence in taking that trade.

I put up the same chart myself and my key indicator and it would have meet my entry criteria.

Remember we're trying to figure out "collectively" what the market is trying to do. My personal analysis only goes so far if the market does not see it that way as well, so go with the net order flow.

[ddau]

I will continue to use these pivot points and work on my tape reading skills. Also I'll keep looking for that 1 indicator I may be missing. I am on the right track now. Thanks for all your help wsam29, I'll keep posting my progress as I refine my strategy.