Hi Everybody,
Remember a few days ago I talked about the Cyclical Nature of Trading and how after a quiet period, we were due to come back to some god trades ? Well that unfolded as anticipated and we have now had a number of very good days with some good profitable trades................ But, after a period of good and profitable trades, we must expect the cycle to continue and us enter the quiet part....... This is what happened yesterday with a very quiet day on the US e-minis.
The 3min NQ yesterday was a good example, were we had two potential sell setups, but these were both “against” a blue STF so should have been avoided............
As you can see, a very quiet day. But this is OK, because now we all understand the Cyclical Nature of Trading, we know to anticipate quiet times, especially just after a run of very good and profitable trades....
Thanks, Steve
Remember a few days ago I talked about the Cyclical Nature of Trading and how after a quiet period, we were due to come back to some god trades ? Well that unfolded as anticipated and we have now had a number of very good days with some good profitable trades................ But, after a period of good and profitable trades, we must expect the cycle to continue and us enter the quiet part....... This is what happened yesterday with a very quiet day on the US e-minis.
The 3min NQ yesterday was a good example, were we had two potential sell setups, but these were both “against” a blue STF so should have been avoided............
As you can see, a very quiet day. But this is OK, because now we all understand the Cyclical Nature of Trading, we know to anticipate quiet times, especially just after a run of very good and profitable trades....
Thanks, Steve
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