At this point it got very tricky!
Today I will trade only on Transitions.
The way how levels are dislocated is suggesting more a buy setup than sell.
I think we will come back to 1269 ( buy transition ) and maybe we will look for buying there and continue Flyday!
Depends on what Transitions will tell!
Let's see how it develops!
I am in Short position from 1275.
wave 5 reversal zone is there as well. Because if Buy transition broken downwards, we will enter panic selling daily swing! Let's see guys! But now it is really tricky!
If this get's to buy transition like I said I want to, we will have to decide what to do here! Please be carefull and trade according to your plan, if you have no plan and u want me to do work for u, then please bear with me today! I will give only 100% confirmed signal, if I get one!
But atleast market did what I said, came down from transitions to buy transition! Buy transition is broken downwards and tested by the way. It can drop now, but pls stay away.. it is too slow and barely moves!
Happy to work with you! Let''s see what NY close gives us for tomorrow!
You can use higher TF and fail hard.. thinking that transitions was broken but not tested, and waiting for it to come back FOREVER to test transition but it never will.. because it already did that... ( to spot that you need smal TF )
Also, no system will ever be 99% right. If you are even constantly more than 50% right on average with always 1.5:1 risk ratio, then your system will make you plenty $$$.
Keep up the good work and as you say, never stop learning and improving.