Bad day today. Started with nice profit (shorted yesterday AH 1199 covered 1189.5), and let a lot go at bad "timed" entries.
Time ( and timing) is the key factor in this business as you may already know.
What failed today: Among others just check back this chart: . Also check this one posted on Friday at the home page
I got the idea right , at the right time, but failed to see it was already working out. I thought the bear phase would start later, and didnt hear market today telling me otherwise.
In any case, I believe we will have a nice bounce tomorrow, after that it will be the time to review old charts and measure to seize new bearish targets.
Plan for tomorrow and coming 2 days:
