With the incredible daily run-up over such a short period of time, this countertrend presented itself Thursday before Tokyo opened their Friday Session. The setup was risky going against many of my rules. But rules are meant to be broken, right? Well not really in futures trading but with my total arsenal of tools I…
Month: October 2021
Flat is a Position
The opening bar Sunday October 3, 2021 may set up a breakout after a full week of indecision and range bound currency trading. With all the back and forth in Washington over budget arguments, nothing is within the ordinary. Consolidating currencies reflect accumulation making retails traders like me nervous. And nervous we should all be…