S&P 500 No Trade — 2022-03-08
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
Confirmed the weekly range and the ranges expanded to the downside. HTF confirmed and LTF gave the entry, however, I missed it. We do have bullish PDs available but not sure if we are going to hold them. With the news and sentiment of the market, we are definitely bearish so I have to assume that any up moves will line me up for a sell and I should look for -PDs to enter my setups. Sitting on my hands at this point since I wasn't able to hop into my setup and because we are getting closer to 12pm, I'll probably leave it alone unless there is a shift around 2 pm. I do like how I analyzed the charts today and broke down the setup onto the 5m chart
Chart Links
Cory publishes the working thesis before the session, not after — this Playbook and Trade Review are part of that same documented process. No signals, no highlight reel.
Read the full story →