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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. ;)

 

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