Boundary

The VUL trade dissection as mentioned in the video is more advanced than the previous one.  The key takeaway is to figure out the Key Levels of the stock based on the identified trend and the trade idea.  I may need to review this video again if ever I want to trade a sideways stock.  I was reminded never to consider RSI as an indicator to buy or sell a stock.  Use it as secondary indicator only. 

On a side note, I was also reading Trading in the Zone.  The market is a limitless playground and we are like children wandering around.  If we don’t put fences around we might go into an abyss of possibilities which might be good or which might be bad for us.  Setting up rules creates a sense of control to those limitless possibilities.