Middle of week
Middle of the week already and that is what I'd like to see the market do during the NY session. If it happens then I will probably jump in, but if it does not happens then I will just watch it. Observing and staying out of trades that you don't understand is also part of my trading plan, which sometimes is easier to say than do it. However, I believe that if you follow it more than what you break it (your trading plan) then I think you will be okay or at least I hope so.
Also, remember that you do not have to understand the market all the time. That is impossible!!!
If the market is too volatile and you don't understand it, stay away from it, observe, and wait for your perfect entry.
Also, remember that you do not have to understand the market all the time. That is impossible!!!
If the market is too volatile and you don't understand it, stay away from it, observe, and wait for your perfect entry.
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