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I used to use NT, but realized that it was counter-productive and paled in comparison of SC. Just my personal experience.
As far as why I take my trades, that is something I want to go more in-depth on but is not easy to do while I am trading. I am figuring out a way to make the daily recap more beneficial to you all.
I think that I may have it figured out, but am still pondering.
(PS., when you quote a post with an image, make sure you remove the image from your post. This lessens the clutter and keeps the thread neat. This is not just me, this is the forum's etiquette. Thank you )
Daily:
EDIT: Weird glitch won't let me post more than one attachment per post. Will post daily photo in next post.
-Volume decreasing. Less participation. (Mainly retail traders)
-ADR decreasing past few days.
30 Minute:
-Trend line break will signal that retail is giving way to the bull side
-Only retail players in the market yesterday.
-Range-bound day yesterday
-Expect test of recent lows (red box)
Market Thesis:
-We test lows around the red box.
-If it is only retail that pushes it down there, I will expect OTF to buy us up to the 50's
-If we go higher at the open, expect range day
Trade Thesis:
-Wait for move lower and buy it up. (2105-2100)
-If we move higher, wait for exhaustion, then sell around M-VWAP
Not sure about the glitch you mention (we'll soon know if it is forum-wide ), but the image in this post is not showing up.
This is an old, known FIO bug, where the poster sees his image very well, but no one else does.
Here's what I see:
The cause of this is usually that the poster took too much time between importing the image and saving the post (I don't know how much time is "too much.") So many of us now only do the image imports after being sure the text is finalized, then save as soon as the image is in.
The fix is simply to re-import your image into the post. It will be fine then.
This bug will get fixed in the next version of FIO, because a different bulletin-board software will be used. Until then, we just work around it.
)
