Td33: I mean mere looking at the NQ, you can just tell the BEARS are currently in. However, there’s something that says, “FOR HOW LONG?” and that’s the 11840 level. I mean I can’t take BUYS yet obviously but I’ll have to wait for a proper break of that level to go short. What do you do in a situation like this? I think just wait and see what she’ll do. A break of the 11980 LOWER HIGH changes the plan because that would mean the BULLS are gaining right? So, I have that setup only because of the current STRUCTURE but a lot can change.
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TRADING is so difficult at first because you don't know the real meaning of repetition.
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Td33: Also the final day for JANUARY. The structures weren’t as precise but I learnt a LOT from them. 10 TRADES (3Ls, 3BEs, 4Ws) so far for the month. Great right? There’s something bullish about this market though. Almost like a PULLBACK. Anyway, we’ll see. Happy new MONTH!
