October 3rd, 2022
-Today was what we call a "Grinding Green Day." This is characterized by heavy short covering by large position holders so the market does not reverse, but it also does not have very good sustained green moves the same way that the red occurs. What does that mean? When we are red we usually are dropping huge volume very intensely and it happens very quick so the returns are very good. When we have a Grind Green Day the green moves are in frontside channels rather than massive green moves that happen on high volume very quickly. This is MY ARCH NEMESIS trading day. I have many stats that back up the fact that on these price action days I lose the most amount of money possible. For example, last week I lost $200 on this exact same day. Ill post last weeks price action and analysis right here below this intro:
-This was the day I lost 200 on Grind Green Day price action. As you can see we have a lower trendline that is quite extended from the true price action.
1yr:1d
1d:2m
1st Trade: Trend Reversal Short
Easy Money Trades of the Day: