As noted in the recent posts, short-term traders profit when they track buying and selling flows and detect shifts in those flows created by the actions of large participants. At the top and bottom ticks of market moves, those shifts have not fully occurred. Indeed, my work suggests that the best time to be long is when we see meaningful selling flows that cannot move price meaningfully lower and the best time to be short is when we see meaningful buying flows that cannot move price meaningfully higher. This is true across time frames and is pertinent to longer-term as well as intraday trading.