the above bad lossing trades
- long orders were entered at peak
- long orders, some are covered too quickly
- short orders - all mistakes in this market--- dont try to short in strong market, retracement is too shallow
Conclusion:
-long when VOL is coming back from resistence
-12 O'clock lunch time corrrection, and 13 still continue the VOL trend --- LONG ONLY
- in strong trendy market, Price and TICK divergence doesn't work well , still trade with bigger trend, don't Short
-When to enter Long order --- when VOLUME coming back up from retracement, that is the time to go LONG in, not early or late, when VOLUME get back all the losing VOLUME, bulls are showing hands in control.
- watch the development in lunch hour, retrace level,
No comments:
Post a Comment