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06/11/2019 Market Recap

PostPosted: Tue Jun 11, 2019 4:36 pm
by Cobra
The filled black bar effect might still be on.

Re: 06/11/2019 Market Recap

PostPosted: Tue Jun 11, 2019 4:45 pm
by Cobra
SUMMARY:

Range day to me, so didn't pay much attention today.

NOTE:

I actually thought it'd be a reversal day but since even so it'd be mostly in the yesterday's range therefore could be reversed at anytime, so I treated it as a range day, aka, avoid trading day (viewtopic.php?f=2&t=3492&p=269436#p269436).

See above for what is "as per my definition". It's a range day to me until now which since was too late so I had no intention to short the breakdown (viewtopic.php?f=2&t=3492&p=269451#p269451).

Reminded the trading reversal setup here (viewtopic.php?f=2&t=3492&p=269461#p269461) and here (viewtopic.php?f=2&t=3492&p=269463#p269463). Didn't I say 51% chances earlier? I call it market sense which seems I do have a little, yes, I can feel the force around me... :lol:

No conclusion drawn from the close.
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DISCLAIMER:

The trading log above is meant for myself only which main purpose is to help improving my market sense.

    My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the prediction is wrong, I'd be embarrassed, which of course I'd like to avoid as much as possible.
    Day trading is not my strongest point. Just for the same pattern, it can repeat frequently on the 5 min chart while on daily chart it may take months to appear once and another month to know whether the idea of trading such a pattern is right or wrong THIS time, so practicing on the 5 min chart is a fastest way to learn to trade.
    Day trading inevitably would have good days and bad days, it's a part of the game. If I always have good days, it means I'm either lying or already the richest person in the world (then why I'm still trading?), so please don't blame me for making any bad calls. The log is for myself only, not meant to be followed.