Thursday, November 9th, 2006
Prejudice. I always have this problem when I am looking for trade. Today's action showed my problem again. subconsciously, I was thinking the market "Should' sell down. The "Should" limited me. I was not flexible to look for other trading opportunity. Because of this 'Should', I gave myself a lot ...
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Thursday, November 9th, 2006
After gap down, and downtrending moving averages I was looking at short opportunity. I shorted ES, however, I was stopped out immediately. One trade closed with 1-R loss.
Short below the low of 6th bar, which was resisted by 5-EMA.
After short position was stopped out, ES formed a channel with higher ...
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