March 25 Review
Posted 03-26-2008 at 11:41 AM by zeon
Was just typing a whole review of yesterday when I accidently closed this windows 
Going to summarize it now:
Price was moving very slowly all day, and there was only one real 'move' to be observed, which was up for the greater part of the day.
I've noticed how trending days are often followed by more choppy or ranging days. It obviously makes a difference what you do in these kind of days because in trending days price is moving along smoother and it seems easier to pick up some points.
One thing I'll need to do is determine when to switch to another trading "style" depending on what kind of day it is.
Something else came up when I was watching price yesterday. I found it very hard to determine when I would enter. I couldn't really find a place to go long, because there was very little retracement, only some sideways movement.
I'm hoping today brings more clarity and smoother movement, as I'm told that yesterday was an "NR7" and so today we should see some more action.
Going to summarize it now:
Price was moving very slowly all day, and there was only one real 'move' to be observed, which was up for the greater part of the day.
I've noticed how trending days are often followed by more choppy or ranging days. It obviously makes a difference what you do in these kind of days because in trending days price is moving along smoother and it seems easier to pick up some points.
One thing I'll need to do is determine when to switch to another trading "style" depending on what kind of day it is.
Something else came up when I was watching price yesterday. I found it very hard to determine when I would enter. I couldn't really find a place to go long, because there was very little retracement, only some sideways movement.
I'm hoping today brings more clarity and smoother movement, as I'm told that yesterday was an "NR7" and so today we should see some more action.
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Recent Blog Entries by zeon
- March 25 Review (03-26-2008)
- March 19 - Watching and learning (03-19-2008)
- March 14 -Gutted- (03-14-2008)
- March 13 (03-13-2008)
- Trade of March 13 (03-13-2008)
