Just as I thought N225 broke the \26,000
line which was the highest in the past three decades.
I am planning to day trade on Thursday and Friday.
However, when I look at my favorite stocks like
4063, 6594, and 6367, they show rather a
complicated 5-minute trend.
They all have a quite long shaded candle stick
or 陽線 around 9:30am, favorable for a sell entry,
空売り, but after that some of them showed no
obvious trend, もみ合い, which requires a lot of patience.
The longer the もみ合い continues, the bigger the energy builds up.
If a trend goes into an opposite direction of your prediction
after a long period of もみ合い, that will be a disaster
because traders like me get panic and start closing their positions fast.
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Posted at
2020/11/18 05:22:42