Today we had a -5pt Gap Down with momentum coming into the pre-open printing block bars on the 5m low @ support. On the open we printed block bars across the board signaling strength that should last throughout the day. Remembering that their is NO news releases so expect manipulation through low volume zones.
Recap Notes:
Trade Selection - Perfect Trading, Excellent Entries, Maximum Exits.
Sequence 1 1 shot 1 Kill to close the Month out!! - Today was a great way to close the week and month out on a high note. I took a 15 single cycle at support with block bars in the background of the 5minute, 1500 and 500 Ticks. The key was that we initially sold down a it but kept getting rejection @ 1646. A major clue that the block bars would hold. I was able to enter a bit above that area and hold for Max gain.
ADJUSTMENTS & OBSERVATIONS:
When reading price action on the matrix - keep a close eye on rejected price zones, they may or may not be S/R but when price flickers with no movement in the immediate direction then that may be price holding.
NEVER stick around in a choppy market with Few signal - This was a very frustrating day for those who missed the open rally. Today that was me with too many probes. Due to no signals early i could tell what to trust so i bailed early and often.
Take 1 Shot 1 Kills to the Bank - When you get a solid Gain early be grateful, thank god and go about your day, sticking around has proven to be more work then it may be worth.
Laughter is the best medicine - Today i actually had a trade run 5 points in my favor and before i could even blink it pulled back to my entry, i got out with a scratch. Typically i would have been moved to some frustration, but this time i couldn't help but to laugh at how that must have looked.. Needless to say it broke any inclination towards regret frustration or any negative emotions or thoughts. I then came to the sudden realization that this was FUN.. Knowing their are more opportunities to come in the future, the day became a game i was playing with myself, Like Super Mario Bros. How many coins can i collect before the closing bell??! LOL
NEVER stick around in a choppy market with Few signal - This was a very frustrating day for those who missed the open rally. Today that was me with too many probes. Due to no signals early i could tell what to trust so i bailed early and often.
Take 1 Shot 1 Kills to the Bank - When you get a solid Gain early be grateful, thank god and go about your day, sticking around has proven to be more work then it may be worth.
Laughter is the best medicine - Today i actually had a trade run 5 points in my favor and before i could even blink it pulled back to my entry, i got out with a scratch. Typically i would have been moved to some frustration, but this time i couldn't help but to laugh at how that must have looked.. Needless to say it broke any inclination towards regret frustration or any negative emotions or thoughts. I then came to the sudden realization that this was FUN.. Knowing their are more opportunities to come in the future, the day became a game i was playing with myself, Like Super Mario Bros. How many coins can i collect before the closing bell??! LOL