u/foreverknowing

As title says. Wondering when I’ll be moved to live

It seems like there was a good stretch in early to mid-May with moves that had strong directional force. But the last 3 weeks it’s been a grind. ATHs yes but it’s a grind up which doesn’t work for momentum scalpers. How are you doing in this regime? Have you adapted your strategy or waiting it out?

I’ve also heard Ross Cameron mention it’s a cold market and I’m wondering what others think about this.

I’m also aware that the macro environment isn’t supportive of strong momentum perhaps. There’s AI and strong earnings holding things up but then also geopolitics, bond markets etc, bringing things down. Feels like the market ‘can’t decide’ right now

I mostly trade NQ, sometimes ES

In the past few weeks/months, I have seen several posts in this subreddit saying that market action has not behaved ‘normally’ since about February of this year - trades don’t play out like they used to. Similar sentiment has been expressed by veteran traders who have been profitable for 5+ years, others for decades. To those of you who agreed with the sentiment, how is it going for you now? Do you see conditions improving? Did you adapt? Are you sitting out entirely? What did you do in response to the change in market action over recent months?