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06/10/2021 Market Recap

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Cobra
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06/10/2021 Market Recap

Post by Cobra »

Breakout today as expected. Right now too early to say whether the breakout failed or not, need see tomorrow. Friday has been overwhelmingly bull friendly recently so bulls may still have chances to make the breakout solid. Let's see.
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Cobra
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Re: 06/10/2021 Market Recap

Post by Cobra »

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Didn't see the sharp down in the morning but called the low was in right.
viewtopic.php?f=2&t=4638&p=295214#p295214

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.
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JFR
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Joined: Sun Dec 02, 2012 7:24 pm

Re: 06/10/2021 Market Recap

Post by JFR »

SPY daily. Slow moving tanker. First move up in a while.

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Charts posted are not recommendations. They are just a sharing of information.
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