No, im just making an observation as it is starting to trade below 50 ma, I dont guess I just follow the general trend
That is what I was doing when I gave the areas I would look at to make trading decisions, as db says you have to have a plan before the market opens and watch what price does at those areas and then make your decisions>
Not sure how you can tell my trades are subjective since you don't know what trades I I've made or what my system consist of and from what I've learned so far nothing is 100% so of course some of the trades and support and resistance lines are subjective!
no it's based on price action only but depending on the lenght of the move I would not take every trade. If your interested I would be happy to share some of the details but most of it can be found when I post in my journal at night and circle the best trades of the day.
the best thing I've learned is that nothing is 100% and it's ok to take a loss but I need to take the best set ups within my system and I have a target for my 1st contract and i let my 2nd contract go until I get a signal to close it .