"..are we in no supply zone? or still in downward pressure"
ndl, no need stating the obvious but we're in the second largest supply (selling) wave of this week, hopefully it ends shortly
This one which has lasted all day is bigger than yesterday arvos but not as big as Monday arvos (but getting very close though), which we know ended at start of trade Tuesday
Also re your query making money, dont they say 'the more you dont lose makes you a better trader/investor' or something like that
ie. close stops and protect ones gain is paramount
place a $100 note on your office desk and decide between 2 choices
tear it in half or hold that losing trade, easy choice hey
monday musings, page-83
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Open | High | Low | Value | Volume |
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