dude - get it right. We were bullish on the weekend and Monday
(which was a good call) as we got a rally Tuesday and Wednesday
back to the 61.8% Fib and resistance area from the previous week.
From there it needed to follow through and I thought at the time
that the charts had potential to follow through to the next level,
but they did not follow through, and failed to do that on Thursday.
I also specifically said that the 'onus is back on the bulls'
in Thursday's newsletter and that was in writing in the newsletter
and the email.
early in the week we were looking for higher prices (which we
got until Wed). We needed to see follow through from Wednesday to
see that next target area, but prices failed to do that.
The volatility and ranges have been huge - Thursday you had a
great short opportunity intra day all that way down to that lower
range, and today being a Friday in a downtrend there was plenty of
opportunity to short early on as well.
Don't blame missed trades or bias on others. Trading is
difficult enough because of emotion, best to focus on yourself and
not worry about others. Steve and I are far from perfect but we've
done a good job calling this market overall
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dude - get it right.
Well I'll admit being biased long prevented me from seeing ...
Posted by matt on 11th of Feb 2022 at 07:53 pm
dude - get it right. We were bullish on the weekend and Monday (which was a good call) as we got a rally Tuesday and Wednesday back to the 61.8% Fib and resistance area from the previous week. From there it needed to follow through and I thought at the time that the charts had potential to follow through to the next level, but they did not follow through, and failed to do that on Thursday. I also specifically said that the 'onus is back on the bulls' in Thursday's newsletter and that was in writing in the newsletter and the email.
early in the week we were looking for higher prices (which we got until Wed). We needed to see follow through from Wednesday to see that next target area, but prices failed to do that.
The volatility and ranges have been huge - Thursday you had a great short opportunity intra day all that way down to that lower range, and today being a Friday in a downtrend there was plenty of opportunity to short early on as well.
Don't blame missed trades or bias on others. Trading is difficult enough because of emotion, best to focus on yourself and not worry about others. Steve and I are far from perfect but we've done a good job calling this market overall