I am going to share another email I received from this student trader. I have shared a couple of other emails in my videos, but this is his third month of profit with zero losses. Read the email, as he just reiterates what it takes to succeed at chart reading and learning price action. Most importantly, this is how you get to profitability.
Prices are selling off so far this morning. Note that there is a large overhead gap on the chart, so prices could reverse and attempt to fill that gap at some point. At this time though, the trend and bias are both down and the current down trend is still in play. Stay with the downtrend until the chart shows us otherwise. As always, watch for mixed trading and switch gear accordingly if needed.
Thanks Mack!