Not sure which products you are trading.
When you are ready, you should expand your scope to cover
Asian / Eur / US index futures,
hard commodities etc etc
You can do similar to what I am doing ;
Trade the first 2 to 3 hours of the Asian session.
Trade the mid and end of the Asian session /
Trade the first 2 to 4 hours of the Eur session.
Trade the end of Eur session /
Trade the first 2 hours of the US session.
This way, you cover most of the...
Yesterday NG day range was epic.
its day range was 280 ticks.
Those who entered during the Asian session could earn a maximum $2500 / lot.
The crude oil movement was epic too.
It is totally totally not important to know whether the market will be in big ranging or trending market.
BUT!!!!
Very important thing is :
You must know whether the market is choppy or trendy.
Choppy market - DON'T TRADE !
It is unlikely NQ will move much today.
It is waiting for the powerful presidential tweet, a major change of event ...
then it will move significantly.
Oh no !! Not this nazi ( I presume you mean NQ) post again !
for goodness sake, just focus on day trading.
Don't worry whether 50 dma will provide support or not.
Simply delete all dmas. Then the worrying troubling thought will disappear.
And we don't treat today as special and interesting...
right.
Natural gas futures ( and perhaps oil) is having epic rise just now.
If you have entered early, you would have earned $1000 / lot
in just 1.5 hours.
Perhaps the weather is too warm / cold, or there is sudden
change in supply / demand.
At this moment, the rest of the futures hardly move...
6 years is too short to learn day trading.
You need much longer than that to acquire the necessary skills, competencies,
experiences, the nuance of trading ....
It is easier to be a lawyer, scientist, doctor, accountant than a day trader.
For goodness sake, please Start day trading, and stop predicting the market.
It doesn't matter whether the market is going up or down.
It only matter when the market is not moving
Luckily we don't read such pushing up and pushing down and whale and shark and bull and bear stories.
Because such stories will contaminate the minds.
We just focus on charts.