Kap, I wish I have your courage to enter the market. To enter seems a lot harder than exit. Any advice on how to overcome this fear?
Is today's open 1043 to become a resistance? I was hoping it to go higher so I can short
TRIN is very bearish today while vix has been neutral. Wonder what this indicates.
You are right that the previous close is significant. But when there is a gap, and the market has been trading beyond the gap, I found the current...
Now ES has traded below the open (1043), it would be interesting to see if it can penetrate the open again to the up side. If it fails, it will...
Stops out at 1046 (+0.25) I seem to always move a stop too soon. Too much fear to be a good trader
The theory is, if Dow is more bullish than Nasdaq when going up, both markets will go down. Usually Dow follows (and lags) Nasdaq. Of course, this...
Thanks Damir.
Move stop to 1046
Short ES 1046.25 There is a divergence between NASDAQ and Dow right now, which suggests the market might reverse direction. I over slept...
Market looks like to go lower from here, I expect it tests yesterday's low. I've missed my best short signal around 1039, so I probably won't...
In historical pattern, Thursday is a down day. That might explain the late drop. Perhaps today will also signal the long waited market top of...
Stopped out 1044 (+0.75) Once again too tight
stop moved to 1044
Shorted 1044.75. Had to go with my signal Stop loss 1048.75, target 1040
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