SPY/QQQ Plan Your Trade For 10-9 : Breakaway In Counter Trend

9 Okt

Today's video goes over why I believe today will be somewhat quiet in terms of trending and expectations. As I suggested in the video, today is a good day to trade with only 20-30% position sizes - or to take a day off and go golfing.

I don't expect any big moves today - even though today's pattern is a Breakaway in Counter-trend mode.

I believe the markets will pause today - seeking support/resistance and trying to establish a range for a bigger move on Thursday/Friday.

I hope you guys are learning how to use the Excess Phase Peak patterns more efficiently. They are not easy to learn - especially now that I'm showing both the Ying & Yang side of these patterns.

They happen everywhere and can be very important when making decisions.

Remember, price only does two things: Trends or Flags.

That's it. There is no other type of price action you have to prepare for.

Get Some.

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