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Catching Big Waves - a trader's journal of surfing the the markets
I slept in this morning and just finished marking up a new chart. I have reversed to colors for the symmetrical triangle anticipating a breakout soon, but until thte overhead break it is just as valid as resistance.
After the local double bottom, crude returned to the area of a LSP, distant LSP, and 786 of the minor wave, but volume this morning still looks undecided as of the Case-Shiller report.
I completely missed that trade, not having had time to adjust, not having had my first cup of coffee. Now the issue us, where to get in. The break of the triangle was probably where I should have, but I am exhausted and have lost money several trades in a row in the past trying to rush myself. And that leads to frustration.
Even though my bullish bias ramped up last night from the DB, I may have missed this one.
