WOULD YOU PREFER TO SPEAK WITH US ON THE PHONE OR A VIDEO CALL? CLICK HERE.

LIVE CLASS SCHEDULE
ABOUT RDT
ABOUT RDT MEET THE RDT TEAM ABOUT NINJATRADER TESTIMONIALS
COURSES
COURSES AND PROGRAMS (ENGLISH) CURSOS Y PROGRAMAS EN ESPANOL CLASS SCHEDULE THE VAULT
NEWS
MARKET NEWS BLOG
UPROFIT TRADER CONTACT
GET FUNDED
Join Our Discord Channel

May 22, 2023 Monday Morning Market Rundown with Responsible Day Trading

May 22, 2023

Hey friends!  I do apologize for my videos being a little spotty here and there for the moment.  We are working on some BIG projects that have taken up quite a bit of time—but I think we should be back to consistent videos sooner than later. 

So, while they are small moves, I’m loving this market!  It has quite a bit of excitement and anticipation.  We’re getting these tighter and tighter spaces between the area of resistance (that we’ve been watching for months)  and the EMAs on the bigger charts. And the good thing about this kind of action is, eventually it will pop out of one of these areas and give us some good runs to work with.  

But as I’m watching this, 2 hours after recording the video, we’re still stuck between those areas.  This is part of the reason why it is so important to have the higher and lower time frame in view.  There are still trades to be taken, but the targets will need to be adjusted to something much quicker and smaller until the price finally breaks out of the area and establishes a more clear pattern. 

Well my friends, that’s going to wrap it up for this week!  I hope that everyone has an amazing week, that you stay focused and that you make good decisions.  If you have questions, please reach out to us and we’ll be happy to help—and as always, you know that I’m looking forward to catching YOU on the profitable side! 

Stay connected with news and updates!

Join our mailing list to receive the latest news and updates from our team.
Don't worry, your information will not be shared.

We hate SPAM. We will never sell your information, for any reason.

Categories

All Categories day trading habits trading recaps

All content published and distributed by Responsible Day Trading and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained here is intended (a) as investment advice, (b) as an offer or solicitation of an offer to buy or sell or (c) as a recommendation, endorsement or sponsorship of any security, company or fund. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. This is neither a solicitation nor an offer to buy or sell futures, options or forex. Past performance is not necessarily indicative of future results.

CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.