Yah, me too. First losing day in a long while, but it was a doozy. Welp, we'll see what tomorrow brings. And boy do I need to ingraine into my memory when to stay on the sidelines.
Net Gain +$66 on 4 NQ trades, 1 car each. Traded OK today but not pleased with one of the trades when I sold for +2.50 when I should have just gone to breakeven at that point as per usual and would have ended banking the typical 4+ points on winners. Equity trades were good, banked some on GOOG and AAPL. Cheers PS: Came back to edit this, tried a short end of day after that large run down and got stopped, no worries was a valid short attempt, Net Gain on day now only $21 on 5 NQ trades, 1 car each.
ok, So I'm not alone. Seemed like trend reversals all day. Anek, If you decide to, could you look at my chart and maybe give a few words about it? I attempted 2 trades that slapped me in the face. I made some notes on the chart that you may want to contribute to as well. ..... if you like. -Tech
Keep posting your charts! I learn so much! I really see that you take the close of the bars seriously. I also see that you are patient.
Tech, I was looking at the charts but I see you answer your own questions, correctly too. Need to pay attention not only to the formations and trends but to those intraday bars, they speak, it's up to you to listen. You know what to look for, don't despair, you are almost there. Anek
Yep, that was a beauty. ....but I got good news for you my friend. The market is always open, and that pattern is very very common. Chin up! Anek