
During the opening bell I was watching this 9 second tick chart. I have it zoomed in enough to see some of yesterdays values. You can see from here how weak this makes todays open look. ALl very strong tick reading to the downside. This is a good signal to take a short position. However since it is the open and we know the market likes to test certain areas quickly on the bell we will move stops fast and take part of profit off as soon as we get some green. Then sit tight and wait for the tick to show some strength and how the market reacts to that.
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