In fact, it will be profitable for short trades in the afternoon session, however, none of my pattern setup was formed successfully, I did not initiate second trade for today. In fact, I was a bit tired after morning’s first trade.
In today’s trade, it showed the importance of intermarket analysis, even for day trading. SIMSCI follows Nikkei most of time (I have no idea about the reason).
Not so bad, I closed the day in positive note again.