03/18/2021 Market Recap

[Cobra]

I wish another big down day tomorrow but I'm prepared to be disappointed again AS ALWAYS - bears simply cannot make a good follow through so one down day doesn't mean anything.

[Cobra]

It was once looked like another down in the morning then up and up till the close day so I called the low was in after the EMA20 was taken decisively. The call went good initially.
viewtopic.php?f=2&t=4508&p=292891#p292891

Didn't see the sell off coming but glad I paid attention to a possible lower high.
viewtopic.php?f=2&t=4508&p=292899#p292899

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.

[Cobra]

I bet tomorrow bears would be disappointed.

But the chart does show the initial 3 down days this time is stronger plus a phantom bar below so maybe bears will finally be lucky tomorrow? Just a fantasy before the reality kicks in, I guess...