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.
Note
Note
TRADING is so difficult at first because you don't know the real meaning of repetition.Note
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!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.