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09/23/2021 Market Recap

09/23/2021 Market Recap

Postby Cobra » Thu Sep 23, 2021 4:56 pm

A rebound form an important bottom usually the very first bull bar is the widest. In our case, the 2nd bull bar today is wider so kind of give me an impression it's an exhaustion bar so a pullback tomorrow? Just a guess, let's see. Two consecutive bull bars so some chances the low was in, just some chances.
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Re: 09/23/2021 Market Recap

Postby Cobra » Thu Sep 23, 2021 5:00 pm

4.png

Called uptrend day early enough, didn't see the top of the day though, thought the pullback would be bought which didn't.
viewtopic.php?f=2&t=4803&p=297738#p297738

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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.
    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.
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