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Because I have placed importance on certain levels and trade them. Just because I have placed importance on those said levels doesn't mean that they aren't any less random.
If everything was random, you could not make money considering the house edge. You would be in the same position of a roulette player faced with two zeros. You would always be at a disadvantage. Supply and demand would mean nothing.
AMN low at 4407.50. Pascal channel bottom at 4413.
POC shifts are pushing price down, clear trend signals. Two trades, holding runners at b/e has caused me to be taken out. But it is what it is and I am done for today.
been a sucky day..missed waterfall at the open, then when i got in front of the screens, kept trying to short the bounce and getting out. still, i'm bearish based on the charts.
sold another tranche at 52
....annnnd out
....looks like my weak ass hand got shaken out before it went back down. going to stay out for a little while. bonds seem to be easier to trade -> sell any spike.