I try not not look that far into the future, my market bias will only last 24 hrs, ie I will reevaluate my trends every 24 hrs at 0:00 hr GMT.
I known that for the short term we are in a down trend , so I am shorting the intra day rallies, at least until Monday 0:00 hr GMT - 5:00 pm EST when I reevaluate this trend.
I understand the long term trend is most definitely up, But I am not trading off that trend.
I known that for the short term we are in a down trend , so I am shorting the intra day rallies, at least until Monday 0:00 hr GMT - 5:00 pm EST when I reevaluate this trend.
I understand the long term trend is most definitely up, But I am not trading off that trend.