practical
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I will be back in an hour and will update then.
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my bias here is sideways if you want to know
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my lines of control are dynamic and can change throughout the day, but the levels of control are static, I'm trading a real account actively
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There's no volume atm to break this resistance, but it can change and will change, nothing will be easy.
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We're at resistance - is that enough orientation?
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say yes, lol
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The idea behind my dynamic line system is that we should always have a corridor. It might work only 60/40. If your bets are small - then you grow consistently. Probabilities,Inc. This is how a casino operates.
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and the line is nothing but the line in my mind
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The volume has been continuously dropping since the opening. Expect a spike shortly. Spikes can go both ways.
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If someone wants to contribute to this philosophy - feel free to post input. Teamwork works.
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but the code is 2222
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There hasn't been a buy signal around here - reason I'm not going long. My bias is sideways to bearish, mostly sideways.
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but the volume is rather bearish
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The low volume tells me one thing - expect a move. The growing volume tells where the move is moving. You can yes at least once.
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234 SPY is not swallowable today?
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The intent of this day was not to short. That manifested from the start. imo we're now moving lower and will continue to consolidate. Trading this chop is not effective unless you type quicker than you think.
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small position
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*till tomorrow
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Have a warm day everyone. No more posts today.
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lol, one more:
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P.S. Breathe baby.
