TIME: A CRITICAL FACTOR TO A TRADE 11/5/13

Here are two examples of a similar trade.  One a short move and the other a long move.  In both cases, the market was telling a story of moving in the opposite direction.  One critical difference?  The time element involved.

The first was an overnight selling where PA is lethargic, slow to develop.  The long, a reversal for a one leg that moved quickly, and followed by another push leg after the pullback exit.

You read a trade, you execute, and wait on time, a precious commodity in trading.

Now, a break.  The best time of all...