I was mentored by David Weis, busy with work for years, decided to trade again.
I day trade commodities in China, which are usually tiny future contract, mostly RB(Rebar).
I look on charts for:
Support and Resistent
Trend lines
SOT (shorting of thrust)
The setups I decided to confine are:
1. Spring
2. Upthrust
3. Test of breaks
4. Light pull back after COB.
My problems:
1. Trade randomly
2. Trade on my imagenation
3. Force trade, Like to reenter after a trade closed.
I must bear in mind the Sequence of scan of charts:
Structure-waves-bars
Daily-hourly-15min-5min
This is Mr Weis's picture: Where to find trades.
Can you help answer these questions from other members on futures io?
