me thinks XBI drops one more time, flush out some longs. and then have a strong reaction bounce followed by consolidation.
will buy LABU on the breakout of that consolidation
will buy LABU on the breakout of that consolidation
Trade active:
well strategy i wrote seems to say buy LABU so opened 1/5 position on LABU
Comment:
closed LABU yesterday midday and grabbed LABD when XBI made new low. got fished by that false breakout turtlesoup looking thing into grabbing longs. will wait for candle close next time before opening trade
Comment:
getting there, closed LABD yesterday.
waiting for a corrective wave to form and will buy the next fractal break of the corrective structure either at (a) or (b).
no more trying to catch the dip/bottom... :(
waiting for a corrective wave to form and will buy the next fractal break of the corrective structure either at (a) or (b).
no more trying to catch the dip/bottom... :(