Disliked{quote} News trading is basically a coin flip - unless you have the NF data beforehand. Be careful.Ignored
I don't trade news I trade PA.System encompasses PA and in my view includes S/R 200EMA TDI DO as well.
When you watch PA long enough your response becomes automatic meaning if price is reaching double top/bottom rejected long wicks then your ears should be perked up ready for action once confirmed with TDI.
Trading is all about paying attention to signposts just like driving.Goal is to trade like driving automatic.When you drive you don't think gas break you just do it.Same with PA.
Example right now
UC has reached classic resistance at 3280 which I have repeatedly shorted (look left how many times it dived from here)and now it is declining south slowly.
You guessed it right I am short.
In trading, you have to be defensive and aggressive at the same time