Good Morning Friends,
As on yesterdays post, There were a short side structure were forming but it did not get confirmed so I did not trade for short side. I clearly said I was not looking for long hence did not trade on long side as well.
Its almost a week and I did not get trade, but its alright for me because I avoided some loss in this range bound and volatile market ( though the volatility is not high). Why should I force myself to take trades on daily basis if market is not forming my structures?
For Today - If Gap up occurs, I will look for short side structure . If gap down occurs I will wait price to come upside and form a structure for short side. If flat opens I will look for short side structure.
Regards,
Anonymous
As on yesterdays post, There were a short side structure were forming but it did not get confirmed so I did not trade for short side. I clearly said I was not looking for long hence did not trade on long side as well.
Its almost a week and I did not get trade, but its alright for me because I avoided some loss in this range bound and volatile market ( though the volatility is not high). Why should I force myself to take trades on daily basis if market is not forming my structures?
For Today - If Gap up occurs, I will look for short side structure . If gap down occurs I will wait price to come upside and form a structure for short side. If flat opens I will look for short side structure.
Regards,
Anonymous