BOT TRADING SYSTEM
Sooner or later, you will hit a day where your get out of sync. It can be a change in habits, a change in focus, or simple a bias against what the market is doing.
The best medicine? STOP. Do not trade until you are doing what you were doing successfully before this new event. When your focus is restored, then return to trading. Follow your rules, technical data, lines, Fib levels,Pivots, tea leaves, whatever you feel offers an advantage for you.
TODAY:
Levels in, PA had a small gap to LB and was running the range to the SB where it stalled. The "long" bias was in, and affecting trade decisions. After all this had to be a FBO and long was just waiting to run in that wedge area.
But three things happened, four counting the "distraction". PA was stopped by the MB, the EMA, and broke short on the wedge. ALL playable and reasonable shorts.
Price was selling to the BO-5 and found buyers (double signal) and created a bullish gap to the BO-5.
The next opportunity was a replay, just change the BOT. PA stalled at the SB and the EMA, then broke the bull TL to retest the low of the day. Found new buyers and created another bullish gap.
This bull was ready to return into the range (at least we discussed that!) and ran the range to the LB: our bias from the early wedge.
Price stayed above the TL and found the EMA to be support.
A little medicine is good. Getting back in focus is better....

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