'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Friday, August 16, 2024

MYM 'h' PATTERN SHORT TRADE - 8 16 2024

Traded MYM on 'short', through  'h' pattern 'recognition'. Familiarizing technical charts/pattern is a must in market trading. Either where the market goes, recognizing market behavior can take an advantage.


MYM third trade. Got stopped on 2nd trade. Recover the third trade on reversal.


M2K 4 trades. Got stopped/out on three trades, not acting right. Got it on the 4th reversal.


Traded MES on a nice one entry, able to capture while the three indices are acting on reversal at the same time.