BTC Technical Analysis 1/10/2018
NFLX/TLRY OS Bounce Trade Review 120419
Big Picture SPY extremely strong but at a level where i am cautious of a rejection from the OB region. NFLX OS Bounce TLRY OS Bounce
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SPY has gone through a tough few days over the last 1.5 weeks. Hope everyone has been able to remain safe during this time. I've been relatively safe but made afew mistakes with certain stocks which now leaves me in the red a little but nothing too serious at the moment. One thing that I have learnt over the past few months of trading is to be emotionally detached from the P&L. Big spikes are times when you cannot sell if you were caught out. Wait for the bounce, you have already survived so much pain, it doesnt hurt to hold out for the bounce now. Obviously, if u had stuck to a stop it would have been better, but this is not too bad either. SPY corrected down towards 270.36 at its bottom. On 12 Oct hrly, there is a dragonfly doji. Someone or some people capitulated which might signal the bottom of this bounce is in. The following day's continuation up kind of confirmed it for the short term. We however have to remain cautious with Long positions in this ma...
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