Trader wait for Doji to develop. "trader tip" the plural of Doji is...Doji. The S&P500 is so heavily scalped and the 1 hour is a very if not the most traded timeframe. #facts
I see price starting to show resistance. Price is not too overbought or too anything for that matter. I think I will scalp this with minimal risk applied.
Let's see how this rolls out.
Minimal risk, quick to break even. Historically market "sell off's" happen late in week.
I see price starting to show resistance. Price is not too overbought or too anything for that matter. I think I will scalp this with minimal risk applied.
Let's see how this rolls out.
Minimal risk, quick to break even. Historically market "sell off's" happen late in week.
Trade closed: stop reached:
#wrong.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.