BOT TRADING SYSTEM
The market opened with a BO of the LB on B1, which was a 50CB as well and not immediately tested. The run to BO-5 was expected. The gap to the SB was a bullish note.
We saw another 50CB develop at B7 and it was tested when PA pulled back from the FBO of the BO-5, and a flag develop. A final flag after the pattern failed. PA moved back into the range.
The market does what the market wants. You can not bend it, you can only identify with it and understand what is likely to happen. Never what you wish for, want, or "get me out this time and I'll trade better". There is no bargaining with the market.
When you identify with the market, and not your personal biases, only then can you begin to understand "likely to". Because likely is the psychology of those trading, and they make the market what it is. Trade the market like the market, not like you....
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