Thursday in NQ can be crazy. Hesitated and missed my first BUY-STOP. Kinda doubted it. Wonder why? Anyway, If the bulls are now in charge, I’ll see if I get the second. If not, She forms a DT which changes the structure, again. If HL breaks, I’ll look for SELL-STOPS.
Comment:
Do it over and over—and OVER again. Mastery isn’t a day’s job.
Comment:
Two HIGHER highs and no continuation (HL) = BEARISH Divergence. If the 80 fails at giving a new HL, She creates a bearish drive which pauses the current TREND. However, I’ll only consider SELLS after the 20 breaks. Till then, I’ll be watching her.
Trade closed: target reached:
A slow one but we got there. NQ gave me another BUYING opportunity after the first. The BULLS have been steady. No divergence in sight yet.
Comment:
Sometimes the best TRADES are the ones you didn’t take.
Comment:
I kinda feel there’s a hidden DIVERGENCE somewhere but I’ll rather not jump into conclusions. NQ breaking past the 80, again, gives me another BUY opportunity. The 3RD one for the day (That’s if. The NY opens soon). Maybe I finally understand the concept of adding to winners.
Trade closed: stop reached:
Oops! We hit a WALL. Divergence now? I guess so. Closed at a little loss but I mean, Can I call it that? Since I’ve had 2 Ws already. Anyway, I’ll stop here for today seeing I have no clue where the next HL will be. I’ll wait for the build up. Bye!
