Did not see the markets well today.
I did observe the internals were very strong. But I didn't capitalize on any opportunities. I couldn't see where to find entries.
After the fact, I realized I should have been entering ON the 5 min TL touch at the open in /tf. I noticed /tf is touching a rising TL from the TOP -- not a supportive TL - but more like a resistance TL that keeps rising. /GC - is doing the opposite and just recently returned back to its declining TL after a steep morning drop -- it got too extended.
These TL formations are infrequent and provide the big swings. Catching just one a day is all you need to make huge profits.
I saw that /cl topped out at 8:30 and it bottomed out at 8:35 the day before and bottomed at 8:30 a few days earlier. There are key times to watch for.
I need to have a set of rules in front of me and I need to wait until the signs are crystal clear to enter/exit -- no reason to be overtrading. Some trades are just obvious - but you miss them if you've wasted all your energy on suboptimal trades.
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