Rotational day … Today was pretty quiet with a small range and a very prominent POC where all periods but one traded at this level. Volume was sluggish and weak hands dominated today’s trading. In this context single and double … Read More
What a great learning day today… I must admit I missed everything and lost money but we can learn something from today’s market. It just shows how difficult trading is and what kind of mind set we need to develop. … Read More
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2-Day balance breakout. Yesterday I mentioned that I would be focusing on the 2-Day balance extremes. Balance trading rules ( balance low ) are : Scenario 1 Market go down near the balance low and reverse. Target balance high. … Read More
The story of the day today is when too much time is too much. Clearly there were not a lot of good trading opportunities. This was the oil inventory news day which is always the most difficult day to trade. … Read More