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Should traders follow the PM PA? For instance, if I trade a 5 minute chart, should I be looking for a continuation of the PA from PM?
I do. It helps me to know the resistance and support during the night as well as how many leg the trade has already gone.
Take this morning, there was a drop before market open, I knew about this because it hit the top during overnight session. So I was able to ride the drop down.
Thanks for the reply. I trade QQQ and have had some success using the PM bars to give me a hint of what might come next. Just wanted to see if anyone else did the same. I've made it about 1/3 of the way through the BTC and have yet to see him use the bars from PM. I watched his free Trading The Open video about 30 times on Youtube and I was just hooked. Good luck to you and thanks again for the reply.