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04/03/2025 Market Recap
Posted: Thu Apr 03, 2025 4:27 pm
by Cobra
Good looking bear bar so probably still some downside rooms. Yes, I see volume surged but it happened on the very first down day so actually favors bears (Consecutive down days then volume surge means panic therefore favors a rebound, it's a different context).
Re: 04/03/2025 Market Recap
Posted: Thu Apr 03, 2025 4:28 pm
by Cobra
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.
Posted: Thu Apr 03, 2025 6:19 pm
by MrMiyagi
How long before QE starts overt or covert?
Re:
Posted: Thu Apr 03, 2025 11:08 pm
by Cobra
MrMiyagi wrote: ↑Thu Apr 03, 2025 6:19 pm
How long before QE starts overt or covert?
Tariff will certainly cause inflation so hard for Fed to cut rate to zero.