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Old 01-22-2007, 09:27 PM
MseTrap MseTrap is offline
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Re: ER2 and the 34ema

I'm not too embarrassed to say that i was stuck in a pattern early on in my trading where I would make good gains in the first 2 hours of trading and then in the next hour give back half my winning as the market would fall into chop. Its strange how a market can start to fall asleep and do more consolidation in a sneaky manner without realizing it, especially if your focused too much on setups. Reading the tape definitely helps cure this. Now, after the 1st 2 hours of the market I either change my strategy to suite the market or just walk away and feel good about it.

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