Unemployment was released at 5:30 AM PT and the market has been ripping higher since. We are now out of range and out of balance already from yesterday, and are looking to open with a gap from yesterday and within Thursday's range.After four straight down days, this could be a relief day. Unemployment number came … Continue reading 11/04 Friday Unemployment
Tag: opening trade
11/02 Wednesday FOMC
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
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