S&P Emini today: what do you do in a market like this? Go with flow or wait retracemt

BataviaTrader

Member
94 5
S&P Emini today: what do you do in a market like this? Go with flow or wait retracemt

I am quite often confronted with this dilemma and I was wondering what other members is their opinion about this issue.

There was a time, I waited for the timing all my indicators were in place and entered a trade, but then price retraces and hits my Stop-loss. But only to continue it's way back into the direction that I was just trading.

Then I focused more on retracement with Fibonacci. But in a market like today you are missing out greatly because the retracement never seems to come.

See link:

http://charts.stocktwits.com/production/original_9207405.png?1345579487

Any thought of the profs how to overcome this?
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock