Hi! I'm day trading for couple of months now and i think that i'm finnaly getting the hang of it
But there has been something that i have been wondering about. Is there a way to know when a trend is loosing it's strength and slowing down for a possible pullback or reverse?
So far i've been using fib retracements and extencions for possible areas of support and resistance and stocastics overbought and oversold signals to place a trade it's been working but i whould like adicional signals to confirm the reversal.
What do you guys use?