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07/12/2019 Market Recap

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Cobra
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07/12/2019 Market Recap

Post by Cobra »

Not a bad bar today so might still be a day or two up before a day or two pullback.
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Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/12/2019 Market Recap

Post by Cobra »

SUMMARY:

Initially like a range day but after the morning dip it went up and up till the close, a typical bull trend day.

NOTE:

Called the pullback would be bought here but also called range day here (viewtopic.php?f=2&t=3542&p=270407#p270407). Only the pullback should be bought was right. I was actually thinking downtrend day but since it'd be mostly within the yesterday's range so to my standard, it'd be just a range day therefore I called range day here. Didn't think it'd be uptrend day eventually.

Called breakout was more likely here (viewtopic.php?f=2&t=3542&p=270413#p270413).

Confirmed the breakout was for real here (viewtopic.php?f=2&t=3542&p=270416#p270416).

No a bad close, so maybe more up the next Monday.
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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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