Notes
- We should not force trades when market conditions are unclear or when we don’t have a strong directional bias.
- In choppy, non-trending markets, shorter-term intraday setups are more appropriate.
- In uncertain market conditions, we must take partial profits and not hold positions too long.
- Adaptability is key. We should be willing to adjust our trading strategy based on changing market conditions.
- There are times when Michael doesn’t know where the price will go.
- Gold is an event-driven market, and it’s highly manipulated.
- When the bond market consolidates, the S&P market is choppy.
ES - Daily Chart
ES - Hourly Chart
ES - 15-Minute Chart
ES - 5-Minute Chart
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