Jared Nash
Sep 21, 23
TRADING BLOG EP. 75 - PATIENCE IS KEY
The S&P 500 went very bearish today, and I was able to get in on that action. But I didn’t get the entry that most people would be looking for. Everyone is obsessed with sniper entries, but personally I rather have more confirmation that the trade idea is valid. So I did miss a couple of opportunities to get short, but once I was confident in the idea, I got into the trade.
The Weekly VWAP was giving me hints that the market was going to go bearish today. Now that I had my bias established, I needed to figure out where to execute that bias from. I used a Market Profile POC & Volume Profile POC as my key levels to trade off of. Finally, we needed the confirmation. Once I saw sellers initiating lower prices I entered the trade & took the market to my target.
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