Has this Market been bad for Everyone

Quote from fan27:

No Trades for me today. I am slowly learning to avoid these conditions like the plague.
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So how do you know when to start trading again??
 
I recently made a rule that if I am going to buy a pullback on the SPY 5 min chart, it must be within the context of a bullish pattern (ie... breakout, breakdown failure, etc..) on the SPY 30 min chart. Same goes for a trade on the SPY 1min chart. confirmation must be made on the 5 min chart. This obviously not a mechanical system I am trading.

This new rule was instated after being thoroughly spanked on Monday. I didn't trade today or Wednesday, and both tuesday and thurs were profitable. Hopefully this trend can continue.
 
Quote from Flashboy:

Noticing the action on the Emini today.. not many good trades..

This consolidation period hasn't been offering much.. at least not to my liking anyway..

Hope it breaks out soon...
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Depends on your style.

If you can't play breakouts, why not play ranges?
 
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