Again a very choppy day in the market. Overall, it seems that we maybe heading for a retest of the yellow MA or 1450 area in the chart from yesterday and if that the case then December may end on a good note. A retest and then a move up before the end of the year but what do I know.. I will let the price-action speak on behalf of me.
Today I took a trade after I got back from work and I learned a hard lesson about Market timing. I went short with 1 contract on a good move then went short again when market seemed to be in a strong downtrend and the next second the bar shrunk and those two contracts cut into my profits. I was in a loss until the last few bars broke down again, wish I had more time to wait out because I still think that it may continue down.
Anyways, there was another opportunity around 1:00 pm est for short but I couldn't avail it as I was at work.
1 comments:
Hey Bro, the whole thing about your avatar was a joke, DINO's mean to everyone.
I'll edit the blog post review of your blog if you request.
Good luck to you in your trading.
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