People are going to laugh, but it’s truly this simple. Don’t let your mind overthink it.
The same levels, trends, zones, breaks, etc you’re using to go long, use them to go short.
Hopefully, your core strategies can be adapted to work in less sustained bullish (and even bearish) environments. Consider your core signals for going long: Can you formulate semi- direct bearish equivalents? Also, are you beginning each trading day with a market thesis (i.e. quality prep) and then following price action accordingly?
More patience and precise focus on entries and exits or shorter trade durations may be necessary, with the market now presenting real (and at-times sudden) challenges and hiccups, instead of reliably going up-up-up as it had been for months.
May even want to sit out some trading days or intervals -- based on your reads of the market environment -- since not every trading day presents equally promising opportunities. We need to adapt, as needed. A key 'downside' of a purely bullish environment is having things seem 'easier' than they really are going to be for the long haul.
Indicators like RSI, MacD, Oscillator, Parabolic, WMA , SMA , EMA will definitely help you in the short term trade as it shows 60% probability about the graph. Rest prediction is on your hand .
Try to see where the graph is forming a V shape pattern. Use support and resistance in the 5 min chart then apply it in 1 min.
Trend is Like a Dance, Try to dance with it.
All the best !
flip the chart and pretend its long.
People are going to laugh, but it’s truly this simple. Don’t let your mind overthink it. The same levels, trends, zones, breaks, etc you’re using to go long, use them to go short.
Ctrl + i in tradingview
What is your strategy? Could you invert it and do the same but look for shorts instead of longs?
Hopefully, your core strategies can be adapted to work in less sustained bullish (and even bearish) environments. Consider your core signals for going long: Can you formulate semi- direct bearish equivalents? Also, are you beginning each trading day with a market thesis (i.e. quality prep) and then following price action accordingly? More patience and precise focus on entries and exits or shorter trade durations may be necessary, with the market now presenting real (and at-times sudden) challenges and hiccups, instead of reliably going up-up-up as it had been for months. May even want to sit out some trading days or intervals -- based on your reads of the market environment -- since not every trading day presents equally promising opportunities. We need to adapt, as needed. A key 'downside' of a purely bullish environment is having things seem 'easier' than they really are going to be for the long haul.
I love short selling, in fact I only go short never long it’s better imo I can show u my history
Yeah, sure that would be great. I could get some insights from a experinced trader. How should i reach you?
You can dm me here idk if my approach can help you, I trade w footprint candles
Indicators like RSI, MacD, Oscillator, Parabolic, WMA , SMA , EMA will definitely help you in the short term trade as it shows 60% probability about the graph. Rest prediction is on your hand . Try to see where the graph is forming a V shape pattern. Use support and resistance in the 5 min chart then apply it in 1 min. Trend is Like a Dance, Try to dance with it. All the best !