@Biology I look st daily chart to decide the dominant trend. If it is going down I will look for short only in spike. As $DUST was spiking I took the short with set risk. Don't overthink too much. Make it simple. If dominant trend is down(Daily chart) look for spike into the resistance area to short if dominant trend is up look for pullbacks on low volume preferably towards major structure area/support for long.

I am watching this $MASI for short tomorrow into the open This is the only time I go against the trend. When a stock is over extended. Made decent today on the late day fade. Looking to short this right out the gate again in the morning if it spikes around $92.50 ish. Lets see how it plays out.

Last edited: 16-Mar-17 09:38 PM