Today's OPEN was 3858.50 with overnight trading flat. We are opened in value and in range. Since we are in balance an opening trade is not making much sense unless the opening candle is very small and risk limited. Opening candle was only 4 points and would have been a good entry for a short. … Continue reading 11/02 Wednesday FOMC
Tag: fomc
11/01 Tuesday
Open today was 3921.75 which was out of range and value from yesterday's range high 3904.50. The first part of the session we have to watch if this gap closes and then trade with the trend or if the gap will stay open. Then we can also trade with the trend. If price trades within … Continue reading 11/01 Tuesday