Every trader is d/f, some like to pick the turns, some play the meat of the trends, some a little of both. I tend to fall in the first camp. It is a painful camp to be in, you must be comfortable taking small losses before you get the turn right, if you ever do.
The close today looks awful for the bulls. Though I know things usually look worse at turns.
I am still looking for signs of a bottom, as I think the R/R favors the upside.
I currently have no position.
The close today looks awful for the bulls. Though I know things usually look worse at turns.
I am still looking for signs of a bottom, as I think the R/R favors the upside.
I currently have no position.
