Here’s A Way To Maintain The Edge
Sometimes when the market is
quiet, it’s all about waiting patiently for the high-probability trades to
trigger. When the day is gently humming
along in summer like fashion, I spend the majority of my time looking at the
daily and opportunities that are close to setting up–rather than forcing an
intraday trade in lethargic conditions that typically do more to frustrate, than
they do in helping the bottom line.
Most likely this won’t be a reversal candidate
today, but the potential for a solid trade candidate has been noted in today’s
session. Today, it’s been all about doing some constructive research, while the
market was doing its best to be destructive within the Slim Jim formation.
Chris Tyler