Made 62 pips on the Yen today, so I cannot complain. Traders should concentrate on what's moving right now, that's the secret: if they see lousy price action on the indices for instance they should immediately switch to commodities, stocks, bonds or currencies and look for trading setups there. Limiting our trading to any market, sector or even timeframe is a total waste of time and money.
Depends on yer brain-type. I cannot switch from a 4-point range in ES to a 100 point range in GC that easily.
I guess? My major malfunction has been the inability to see that no matter how far the equity indices drop, they recover as much in a relatively short timeframe. :-(
When they "recover" (due to profit taking activity) the smart money sees the pullback and adds to the short positions, while the dumb money buys the "trend reversal" (the so called "recovery")...
Those look tender and tasty. I imagine smothered in a roux and Ro-Tel tomatoes and served over rice, they would be excellent. Probably better than squirrel.
Classic movie, I like the first story, harry the cabbie, stars and stripes forever.... used to show for midnight movies at theaters years ago
If Wall Street asked the question who's your daddy during this bull market the answer would clearly be NQ and yesterday it showed the way. Actually ES was similar. RTY tanked though.
Common current patterns: Big SPY premkt price action followed by either flat choppy asf in-market Gap down premkt then long pivot in-market No daylong strong up or down trends End of day minor trend Good article https://www.cnbc.com/2020/08/22/coronavirus-most-stocks-havent-recovered-despite-sp-500-record.html