I exercised patience today and waited hours for the premium setup that I took in the afternoon.
The opens have been bullish all week but have not provided too many good entries for me.
I took an aggressive bid into the pullback yesterday and got low ticked then fought back with a couple scalps for a virtual scratch on the day.
Today I decided to stick to my plan laid out on the prep and waited. This allowed me to take a very high probability short as longs were forced to start covering this afternoon.
You can view some raw VIDEO of the trade HERE.
I have two strategies right now that I have been blending. This is an example of the premium setup strategy.
The market has been tight and my trading has been reduced. I am going to stick with reduced trading until the grind washes out.
There are still good opportunities like this afternoon for those who are patient.
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