Shifting the mental transmission is a difficult practice, especially when a market is in chop and offers little by way of directional bias.
These six markets will tell a trader nearly all they need to know about the broader market psychology, and right now, it’s not so bullish. But when the market is choppy, right when traders start turning bearish, it’s time to start thinking about the other side of the trade.
In this video, we talk about the major selling we have had in the last 2 days and where we might go from here.
Contrary trading is critical in this environment; here’s why.
First, you have to know what’s leading. Then you need to apply this second and third thing.
