Not sure what I was thinking with AVGO... the entries are around weak level I moved it later to an obvious pre-market extreme). Only trade levels formed by extremes, and preferably mirror events. Horrible entries. TSLA is not a good entry, its on a shallow level, which should have disqualified…
AMD : perfect bounce, faded into nothing. I exited losless (correct exit for this trade) I have no idea what the market wants right now, but it has to be kept in mind that Iran War is making everything extra unpredictable. This is my current intraday swing watch list. Only ADBE…
Just to crystalize for myself my current understanding of how to choose the right instruments by direction of both market and the instrument itself... 1. Determine overall market trend. Is it trending down? Up? Currently its down, even though we had few up days. 2. When market is trending down,…
I am noticing this kind of preceding pre/post market candle seems to be serving as extreme during the session later. Important Auxiliary Always watch SPY to either generally mimic or not go against your trade. This appears to be single most important ingredient of a successful trade so far…
MSFT not a perfect trade (sloppy entry), but damn near perfect. Entra Level at historic PME (PMH). Market is dominated by algos, and they tend to reveal their limits at Pre Market because volumes are much lower. What could have been done better? I could have been in the chart…
Exhausted today, not many comments. Need to skip first hour for now. Trade later. Trade market direction, even on stronger/weaker instruments. Maybe I should choose 2-3 instruments for the day and trade them. Select them based on presence of clear levels?…
Must watch/rewatch False Breakout Notes This is regarding gap down bear market scenario. Here author explains that entering at the low extremes (into LONG) is a mistake, and instead encourages trading SHORT F.B. (196.34) level. This is a solid point. Regarding F.B, and why they happen.…