Tonight there will be no detailed trade review. I have a family emergency that is demanding my attention. Hopefully I will be able to return to the full review soon. So A few concepts to guide you through the chart.
WHITE ZONE-- determines who has control-buyers above & sellers below. I tend to focus on the trade that goes with control until initial resistance or support is hit. At that point I am will to look at both sides of the market.
First Touch. The first touch of a zone has the highest odds of a counter rotation. Second and third touches require tick divergence or some other type of evidence that its a reasonable risk reward to take the trade.
I generally do not trade the last hour unless i am already in a position going into the last hour.
I focus on only the highest odds trades. My goal is simply to show that consistent high odds trading can be accomplished.
I hope everyone had a great day. If you did not, learn from your mistakes and improve tomorrow. This can be done.