Middle of the week already and that is what I'd like to see the market do during the NY session. If it happens then I will probably jump in, but if it does not happens then I will just watch it. Observing and staying out of trades that you don't understand is also part of my trading plan, which sometimes is easier to say than do it. However, I believe that if you...
Stay focused! Keep an eye on the market, wait for the right opportunity (don't rush), and then execute! You get a W? good... learn from it, you get a L? good... learn from it. Keep learning, that is the only way to growth.
Looking at the daily chart, that is what I'd like to see. However, keep in mind that Mondays tend to be slow. I have been looking at the market especially on Mondays and they usually consolidate. Let's see if we have an opportunity tomorrow. If not, we come back on Tuesday morning again. :D
How is your week going? Did you lose a trade? that's fine! There is always a new trade you can take the next day or the next day. Don't carry your previous loses to a new day because if you do then you will be already lost even before place a new trade.
This is what I would like to see during the New York session. If it happens then I am ready for it. If it does...
You make your own analysis, sometimes it works and sometimes it doesn't. Sometimes it does, but not during your trading schedule and believe it happens more often than you think. That is what I would like to see during the NY session. Strong economic events happening in the morning, so be cautious and make your own analysis. More importantly...believe in it. :)
That is what I would like to see happens during the NY session. There are a few economics events tomorrow that for sure will cause the market to be a little more volatile than usual. I tend not to trade close to those events. :) Let's see what happens tomorrow.
Mondays idea happened, so let's see if Tuesdays ideas works. I am following the market closely in H1 time frame, and I would like to see that scenario during the NY session. If the market is not close to where I want to see it, then I will have to adjust.
After some accumulation I would like to see the price manipulate down to also fill the gap and continue with uptrend. Let's see what happens, Monday tend to be a slow.
Now that we have changed directions in the daily time frame. I would like to see the market take some of the liquidity from the highest high from today and then take a breath and make a pull back.. I would like to see this happen during the NY session. If it does not happens then I do not trade or if it happens before or after the NY session I do not trade either....
