I am focusing on lower or higher highs. My bias for entry is bullish. Entry means new shorter term trades will be long. Will be longing for a lower high. If the market does not come as a lower high then focus on higher high and remain Bullish.
When we roll over to the short side I then will trade short and look if we get lower lows or higher lows.
I Enter swing trades long on days that are strong up moves. And know my last few trades are probably going to hurt a little.
Each day before taking a trade I watch the strength of the market and place trade well after the days open has washed out.
When we roll over to the short side I then will trade short and look if we get lower lows or higher lows.
I Enter swing trades long on days that are strong up moves. And know my last few trades are probably going to hurt a little.
Each day before taking a trade I watch the strength of the market and place trade well after the days open has washed out.
Comment:
Comment:
CPI, caused this to drop out of the distribution it was in and go right to peak of the one below.
When i am trading a range i back off around mid way, yesterday did not add
still inside the area identified but darned impressive drop.
will post new idea tomorrow after see how it acts from here
When i am trading a range i back off around mid way, yesterday did not add
still inside the area identified but darned impressive drop.
will post new idea tomorrow after see how it acts from here
Comment:
Forgot to mention this, todays drop landed almost dead on a virgin poc from 4 days back
Be careful could be some chop tomorrow