Some observations and thoughts. No hard calls.
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Don't forget your stop limit mine traps. We'll see who's faster - us or those cry babies.
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www.youtube.com/watch?v=d9SCrpXN...
meditation time
meditation time
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It's best to initiate a position either on the opposite border of the anticipated breakout or about 1/3 away from the border that you anticipate to be broken.
Pivots provide the clues.
Pivots provide the clues.
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or hit the play button
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In my new trading approach indicators are not only 100% useless, they're 100% harmful. Watching the indicators at the expense of watching the price action is not a good idea. A respectful opinion - only sharing with my followers.
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The low of the day was bought too aggressively, so I don't think we'll be going lower. I'm now flat and waiting for a new consolidation range to form up. Anything else is risky for me.
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I'm done updating for today.
