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09/16/2021 Market Recap

Posted: Thu Sep 16, 2021 4:41 pm
by Cobra
Doji means the match between bulls and bears are tied, big move (hopefully) tomorrow then we may finally know the direction. What about another doji or narrow range day? Then we'll have to wait for the next Monday.
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Re: 09/16/2021 Market Recap

Posted: Thu Sep 16, 2021 4:44 pm
by Cobra
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The lower high guess was wrong. Good I now pay some attentions to low highs instead of only focusing on higher low.
viewtopic.php?f=2&t=4791&p=297586#p297586

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.