Back to www.cobrasmarketview.com

05/10/2018 Market Recap

Post Reply
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

05/10/2018 Market Recap

Post by Cobra »

spy.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/10/2018 Market Recap

Post by Cobra »

The day trade today.

Still sick, so no trade.

The day was simple though, spotted the uptrend day here (viewtopic.php?f=2&t=2869&p=253997#p253997), the rest should be easy.

The question is could you hold through this pullback (viewtopic.php?f=2&t=2869&p=254029#p254029). Actually the more precise question is when to book profit? Book partial in the middle of an uptrend day or only sell at the close? I have no answer. I think it depends. I'm a half empty guy, so I always like to book partial in the middle of the day.
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply