DAY TRADE Market Condition
Updated
Day Trade Market Condition, Jesse Livemore "There is only one side to stock market; and it is not the bull side or the bear side, but the right side":
NQ, ES, CL, BTC (a day trader on NQ, markets I pay attention with); https://www.tradingview.com/x/3zQRXOSB/
Market Condition show on a table of each chart
Top down approach for day trade, quoted from Jesse Livemore, "I must buy on a rising scale. I don't buy long stocks on a scale down I buy on a scale up."
NQ, ES, CL, BTC (a day trader on NQ, markets I pay attention with); https://www.tradingview.com/x/3zQRXOSB/
Market Condition show on a table of each chart
- Rally, long position offers higher success
- SHOPzone, price fluctuate randomly between Supply/Demand levels (traders get burden mostly, day trading)
- Drop, short position offers higher success
- BULL, up trend for the week
- Cumulating , keep eyes on left column (the first top 3 above)
- BULL, down trend for the week
Top down approach for day trade, quoted from Jesse Livemore, "I must buy on a rising scale. I don't buy long stocks on a scale down I buy on a scale up."
Note
The market Condition update through the day during regular market open.
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