“Trading Psychology is BS!” The Undeniable Importance of Trading Psychology

Nov 14, 2018 – Triple Green

Premarket Insight

Another Fed day with Chair Powell speaking after the closing bell. Additionally, more earnings reports get the spotlight today, such as Macy’s (M) and Cisco (CSCO). So far Nasdaq futures are retracing the selloff that continued through the Asian market hours. Along with Fed news, Economic Outlook has CPI and Crude Oil inventories scheduled for today.

 

Premarket volume check showing moderate strength with CLZ18 well above the 100k of volume mark. CL, GC, and 6E pretty much trading sideways. CL starting to break bullish while Euro Fx slightly trading bearish, showing support in a key zone of 1.12915 and 1.12815.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Finally took some trades. Total profit $100 all in TST.

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

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