Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Wednesday, March 15, 2017

-2.5RR, I think I've had enough

Take a look at this chart, what the hell kind of price action is this.....chop chop chop, new high, new low, new high....chop chop chop...then new low, new high, new low and now it looks like a new high is coming....un-tradeable unless you trade the absolute extreme. I even tried going to a lower time frame to day and that worked sorta of....but not really.

I think I am done for a few days until this chop crap is over. I'll watch the market for sure but I'm not trading it again until "normal" price action resumes. No sense in killing my account like this.



1 comment:

  1. I feel you bro, I was as frustrated as can be a day or two ago. Had to dif deeper, waited for CB intervention (as they say) and waited for FOMC...and she paid.

    That's what we are going to have to do.

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