The neutral day strikes again! As a reminder, a neutral day is characterized as both the high and low of the first hour of trade (initial balance) being breached. They’re somewhat rare, 1-in-5 days are neutral, and they often occur at-or-near inflection points.
They always make traders boil. The indecision, it’s just too much to bear. Higher time frame participants, players with resources well beyond the home gamer, duke it out for control of the financial field. Their footprints are a mess of wishy-wash aka the neutral day.
So if you’re feeling a bit charged, like you want to choke computer monitor, you’re likely not alone. However, to transcend such emotions would be a strong step in the direction of being a consistent trader.
Be cool baby.
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Stay at home mom learns trading secret that has wall st. furious.
Exactly. It’s the summer and I’m experimenting.