Ahh, another Sunday and what have I learned? I learned that I can take advantage of a larger, 30 min, time frame using the same signals that I use for the 30 sec, 1 min and 5 min. ( I did, after all, spot that Pin on the EUR monthly!) I thought more about my Mid-Week Crisis and it led me to a light review of my past results and which days of the week, if any, were better than others. Well it turns out that I seem to have a pattern of Tuesday or Wednesday being a low. How to explain that? I can only attribute it to Market Fatigue. That’s what I’ll call it. Market Fatigue. The point at which you throw caution to the wind and jump into the market just because, ahh let’s see, the last candle spoke to you. Yes, that’s it, never mind that the previous 20 candles disagree, lol. Could this Market Fatigue have anything to do with my 30 Second Nano Time Frame and the requisite attention necessary to take advantage of the Market Opportunities when they present themselves? Quite Possibly. (I hear you Tina) So I’m going to try an experiment for the next couple of weeks (noting that a “couple” in Jamaica can be anything from 1 to 100). I will watch for the Mid-Week feeling around Tuesday or Wednesday and, if it is present, I shall take the Market day off, relax and clear out the cobwebs, get that I can’t wait for Sunday feeling on a Thursday. Selah.
8/1/2010 Rant
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