I see nothing bullish about the above. Especially 1 & 2 Do you believe the shooting of the generals is done? And Bears don't have to crush markets every single trading day during a downtrend.
I thought that is what you meant a "wise guy". But if you seriously mean just reverse engineer a loser into a winner, I've heard it simplistically mention often enough but no evidence that I know whatsoever to support it.
Well, futures trading is a zero sum game. If you're consistently losing it's simple enough. Do the opposite and you'll consistently win. Another advice on the same theme is that if one is consistently stopping out one may consider putting the entry where the intended stop is instead....
'im completley talking to myself in my new journal so might start posting my trades here once i meet my target
If only ... it was so simple. Everyone whoever lost an account would do it the next time around. Or how about anyone new to trading hearing about it, they would win right from the start.
As everyone knows "markets hate uncertainty" which currently obviously includes bear market + interest rates + Russia/Ukraine so likely there would be much buying going into the weekend. Of course I could be completely off-base.
Possibly the beginnings of the momentum divergences seen at double bottom swing low (SPY): Regarding the reversal of buttons when stops are always hit - I've tried this and it actually worked, on the shorter time frames! For me, the better solution was to move my entried and exits a quarter to half wave later in the sequence. Wave 2, at the end, has always been the sweet spot. *edit- B waves are also second waves. Current move getting mature:
Just noticed $DXY daily chart a few days ago was at TD Sell Sequential bar# 11 so a top, even if only a short term one, might be close. While weekly chart is also at bar# 11 so longer term top might be a month or so away - EOY possibly.