No Bias, Follow the move
Up Move
Not much change. Picture in last post still holds. Holiday week. Holding my longs testing the thought of keeping first changes in direction beyond initial target.
Also going to use this space to recap/summarize some things I have noticed in the exercise up to this point:
Up Move
Not much change. Picture in last post still holds. Holiday week. Holding my longs testing the thought of keeping first changes in direction beyond initial target.
Also going to use this space to recap/summarize some things I have noticed in the exercise up to this point:
- Bias week - Opens below s50 and pivot on Up Bias week (or reverse in Down Bias) in a range a problem. Wait to bottom of range or close back above s50 and pivot and enter on retrace.
- Switch from Bias to No Bias - Use caution, watch for failed new highs (lows) as price may reverse.
- No Bias weeks - Be less aggressive, possibly look to bigger chart and see where you are.
Be bullish on you.
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