todays e mini futures market
i have a rule that states "nothing stronger than a creep"
the definition of a creep is a directional slow market on 5 or 15 min charts with "bearded"(wicks) candles
the reason why the creep is so strong is for two reasons
one because the action/reaction principle cant be applied so its hard to fade it since there is no washout or otherwise action
and the even stronger part is that its counter intuitive since it feels actually as if the direction is over any minute and one wants to fade the direction into the counter direction
entry on double bottom at 66.25 , half position out for 4 ticks to mitigate risk ,13 ticks for first runner and 15 ticks for second runner
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thank you kindly
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Traders should speculate on loss, such as forecasting profit
It is subject to loss as well as profit
This requires a very high risk
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risk control is a traders biggest responsibility
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may be this could interest you-wish you a fine rest of the day:
https://steemit.com/cryptocurrency/@allthereisislove/these-tools-help-any-steemian
thank you for your very valuable time
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This post has received a 0.64 % upvote from @booster thanks to: @allthereisislove.
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thanks a million
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super👍
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appreciate that very much-please see my other posts if so desired
@allthereisislove
wish you prosper trading
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may be this could interest you-wish you a fine rest of the day:
https://steemit.com/cryptocurrency/@allthereisislove/these-tools-help-any-steemian
thank you for your very valuable time
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