The DIA is the first to break it today...
RSI has also been negative, but that's to be expected as the DIA has been lateral most of the day with the exception of the early morning.
Wednesday, February 1, 2012
Day Traders Predictability
Ever since I can remember, day traders have used the 50 bar average on a 5 min chart as a stop...
The DIA is the first to break it today...
Note the large candle breaking the average as well as the large volume at the same point.
RSI has also been negative, but that's to be expected as the DIA has been lateral most of the day with the exception of the early morning.
The DIA is the first to break it today...
RSI has also been negative, but that's to be expected as the DIA has been lateral most of the day with the exception of the early morning.
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