02/19/2020 Market Recap

[Cobra]

Nothing useful to say. The upper shadow today is a little little long so the bar is not a bullish bar but I'm not sure whether it's strong enough to cause a pullback tomorrow.

[Cobra]

SUMMARY:

Called uptrend day in time and if you have been following my comments you should know once the EMA20 is touched the trend is near over, combining the two together, the day should be easy.

NOTE:

Right - basically called uptrend day here (viewtopic.php?f=2&t=3880&p=278102#p278102).

Right - reminded the buy setup here (viewtopic.php?f=2&t=3880&p=278116#p278116).

N/A - subtle way of saying told you (viewtopic.php?f=2&t=3880&p=278135#p278135).

Disappointing close but not enough to draw conclusion for tomorrow's opening.

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.