Over The Last 4 months I have been trading exclusively at TF. And this is what I learnt from it:
1. Identifying the Theme
a. Choppy : Low volume, slow movement, narrow intraday range, Dropping
VIX, mixed sector (sometimes), faked and trapped candlestick.
b. Trending : Med to Hi Volume, Modest Movement, Breakthrough, Tidy VIX,
Modest IntraDay Range.
c. Reversal : Hi Volume, Jump Up VIX, Extreme Faked, Starting at Hi/Lo, News
to be continued...