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|My presence in the chat room will be very limited. I am still working on and testing the IB API.
|Double top lower high and a bearish 1OP cross. I would be taking gains on day trading longs here. The long green candle at the hod looked like a buying climax and it reversed quickly.
|Market has been able to weather the bearish cycle and we are on the high of the day. Looks like a bullish div and I would be looking for a new high here. You can try day trading longs again....
|If you are day trading use LRSI < 80. If you are swing trading use LRSI < 80 on M15 or M30 depending on your intended duration. There are other indicators you can use as well like 1OSI. @TheAlgo: Question How...