It is crucial in my trading to find the trend direction early and "get on it and sit on it". This has been one of my biggest difficulties beyond the discipline of following my plan, that reversals seem a "certainty" at the time, but run me over. Determining the trend direction and entering continuations (rather than trading Emini reversals) is a higher probability way to go. Today was a perfect opportunity to practice that, and a couple of trades worth 35 ES points is nothing to sneeze at and come quickly if you simply ride the wave. Getting in early is key and possible, just be careful not to be married to a direction... Anyway, hope it is useful to you, and if so, don't be shy to throw a +1 my way, always appreciated...
Good Trades, Trader Joe Comments are closed.
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Author"Trader Joe" trades the Emini S&P exclusively and is the main influence behind EminEdge.com. Archives
March 2020
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