A bullish trading market for today is possible, though it might pullback a little bit after the open.
Let's just observe and find good location to get involve in the market.
Tuesday, September 20, 2011
Monday, September 19, 2011
Like what I've mentioned from my last post, the market (YM) might pop up before the close.
As can be seen from this 5-min. chart, it really pops before the market close.
The bears losses their ground.
The daily chart shows a bullish candle, let see by tomorrow if it will sustain the bullish traction.
Though the market is in the bear side, I can see that in the short term a bullish scenario is unfolding.
I might not post actual trade scenario in the coming days due to tight trading schedule.
It takes a lot of pressure showing real time trades when there are some trades that are being manage.
Will just post some trading ideas/analysis from time to time.
As can be seen from this 5-min. chart, it really pops before the market close.
The bears losses their ground.
The daily chart shows a bullish candle, let see by tomorrow if it will sustain the bullish traction.
Though the market is in the bear side, I can see that in the short term a bullish scenario is unfolding.
I might not post actual trade scenario in the coming days due to tight trading schedule.
It takes a lot of pressure showing real time trades when there are some trades that are being manage.
Will just post some trading ideas/analysis from time to time.
The market drops in the open and a selling pressure significantly follow through.
But the bears are quite very careful after that waiting for the sentiment or some pulse from the economic views/news especially from the overseas, the Greek problem.
Right now the market is just a waiting game or what might call the "directionless".
But who knows it might pop up later before the close.
I traded early and got chopped off.
Was early to put on a trade, I forgot to watch myself...my left brain did not act the way my right
brain thinks...
That's the problem in trading psychology...if you are not thinking rationally...you will trade impulsively...
Good thing I calm down a little bit and was able to analyze the market and made a good trade enough to cover the costs...
That's what trading is all about...watch yourself and think rationally...
But the bears are quite very careful after that waiting for the sentiment or some pulse from the economic views/news especially from the overseas, the Greek problem.
Right now the market is just a waiting game or what might call the "directionless".
But who knows it might pop up later before the close.
I traded early and got chopped off.
Was early to put on a trade, I forgot to watch myself...my left brain did not act the way my right
brain thinks...
That's the problem in trading psychology...if you are not thinking rationally...you will trade impulsively...
Good thing I calm down a little bit and was able to analyze the market and made a good trade enough to cover the costs...
That's what trading is all about...watch yourself and think rationally...
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