Columbus 5 Day ES Intraday Trading Exploration
- Thread starter martys
- Start date
WHY are you fighting a clearly negative trend!!!! This should be the first lesson you learn. The market has struggled to get back above 1190 twice already and there is a lot of negative pressure. You were getting trapped in bear rallies. Look at the last 4 days or so where we have lower lows and lower highs as the market has been walking downwards.
I am not saying I can see the future and know for sure we are not heading higher or trying to be harsh, but with these kind of negative indications there is no reason to go long unless you see some technical or fundamental change in the current short-term trend. I have just been watching look for some direction but the over all sentiment has been down and going long without some strong confirmation is how you get trapped in bear rallies.
I am not saying I can see the future and know for sure we are not heading higher or trying to be harsh, but with these kind of negative indications there is no reason to go long unless you see some technical or fundamental change in the current short-term trend. I have just been watching look for some direction but the over all sentiment has been down and going long without some strong confirmation is how you get trapped in bear rallies.