Nope, not a thing. How do we want to trade days like today? Focus on the end of month tendencies (I explain in this video) and the best shorts that rally on days like today. I walk you through that and more in this video.
We have our watchlists ready. I discuss what is tantalizingly close to an entry trigger, and why, in this video.
The key with a market like this is to not get sucked into this one thing.
Let’s take our clue from this chart for what to expect the rest of the week…
Timing and time horizons are some of the most important pieces of any trade. What is your outlook for a setup? Minutes? Days? Weeks? Well, that will effect what time interval chart you use for a setup. I discuss that and watchlist building in this video. By the way, 80+% of my time is spent on what and why I will trade a symbol.
80% or more of my time as a trader is spent building and fine-tuning my watchlist. It is vital to focus on what and why I will trade a symbol over how. And building relative outperforming lists for both strength and weakness was the key. Here is this week’s list.
Bitcoin consolidation is strong! We spend a bit of time there, then we check out altcoins (which have some life here), then we look at Gold markets, then we close on a personal note and a request for the group.
