simple, you need to draw some big carry over channels. That should anchor you to where you are now and what should come next.
Avi Thanks for the logic behind the 11:05 pt 3. It was very helpful as I was fooled by the dominant black on the ES. Does the DT stand for Down Tape? WW
My ES for today. I had been expecting a point 3 to form after the tape from bars 61 and 62, but the long channel just kept going up! Since I was already long, this was not a problem, but it does show when you expect one thing and it doesn't happen, you have to re-evaluate the situation. Did anyone else see it that way too?
Morning was shifty for me. My MADA was wrong all morning so I did what any rational thinking crazy person would do, I took a nap . Everything was good, then I awoke to mayhem on the charts. I should do that more often.
Oh this one is easy for me, when I realize I cannot let go of the mouse because I'm in a trade. I take a mental step back, reassess, and either force myself to let go of the mouse and HOLD, or exit and regroup.