10/08/2020 pressure
- Third Pressure (zero point = 2.47): 1.98
- G 100 (zero point = 20): 15.04
Wow! day after day opens up when the pressure is down.
If I ignore my calculators I could have made a lot of money! This time. However, I have a much longer track record with these calculations. I know that when the pressure is down, there is a greater risk of being wrong on a daily basis. I also know that the up days have been on low volume. Meaning the big money doesn’t seen to be buying in to this. Neither do I.
This is why I’m still in the positive because I now know how to play the downside when the pressure is negative. Confidence and patience. Even little triggers will take the market down.
When the pressure is in one direction for a while we do get comfortable (or scared) I sometimes think the calculator is finally broken! I know it will turn the other direction. I saw a glimpse of it the other day.
It’s fair to say, I’m still learning through different markets to develop best practices when following these specific signals as my trading strategy.
Currently, I need to make sure I’m not caught too much in the wrong direction if I’m going to continue to make multi-day trades.
