29 Oct What do I do when I have missed market action for a while?
Having been away for a couple of week from October 10 to October 24, I find it necessary to replay the market at various speeds and in various time frames to “catch up” on context. Context being a key element of trading a market, I don’t feel confident continuing to trade without regaining a feel for HOW prices were traded in my absence.
So I decided to record the market replay during those dates and to narrate the action as I saw it. Note: I didn’t go through the charts to see what happened before I did the replay. I’m narrating it as if I’m seeing it for the first time and am speaking out what is likely to happen. Of course, I knew that the market had made new highs on the year. I just didn’t know when and how.