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

Two Quick Trades and Some In-Depth Analysis on MACD Strength vs Weakness +8.75 Points

day trading trading recaps Jan 14, 2021

Man-oh-man.. would be nice if this market would start to flow with the bigger trends BUT the good thing about looking at the markets is—you can ALWAYS take it up OR down a notch to accommodate the movement.  I only had 45 minutes today and could see the reason for it to continue up but I had to to do the work not to create a bias in my mind, jump the gun and try to single-handedly push the market to the upside a bit early.

I did only end up with 2 small winners today before I had to head out for most of the day.  Most of it was just analysis for me today—talking about how to anticipate the move off of the area we saw so many times, how to read the strength of the MACDs and why I position my charts with the price pulled in a little closer together.

Hopefully it helps to give you a little more insight on how/why I look at certain moves.  Of course, one little video could never cover it all but if you’re interest in using the MACDs you can see a bit more about how I use them for anticipations of slow-downs and reversals.

Day 2 of trading this week, in the books!  Not a huge winner but any day where we are in the green is a good day my friends!  I’m sure I’ll be back for some more before the week is done!  Much love beautiful peeps!  Stay healthy, stay kind and stay good to yourself--- so you can be good to others. ;)

 

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.