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07/09/2019 Market Recap

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Cobra
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07/09/2019 Market Recap

Post by Cobra »

Seems bear's attack failed, now probably it's bull's turn.
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Cobra
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Re: 07/09/2019 Market Recap

Post by Cobra »

SUMMARY:

Called uptrend day right but didn't see the last minutes push up, thought the ascending triangle breakout failed.

NOTE:

Basically called uptrend day here (viewtopic.php?f=2&t=3536&p=270269#p270269). Bears were so disappointing, frankly.

Called ascending triangle here (viewtopic.php?f=2&t=3536&p=270277#p270277). Didn't expect it'd take much longer to make the breakout though.

Reiterate it's an ascending triangle (viewtopic.php?f=2&t=3536&p=270283#p270283).

It's a subtle to way saying "told you" here (viewtopic.php?f=2&t=3536&p=270285#p270285).

Too bad the breakout failed, it happens actually quite often which was enough to stop me from trading breakout. I only called breakout was more likely, never said the breakout would be for true or false, but still I was surprised the breakout failed, it was a perfect looking ascending triangle (viewtopic.php?f=2&t=3536&p=270294#p270294).

Well, not so fast, the sudden push up before the close was a surprise, got to be certain news. Anyway, no conclusion drawn from the close.
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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.
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1der
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Joined: Thu Mar 24, 2011 4:03 pm

Re: 07/09/2019 Market Recap

Post by 1der »

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