There was plenty for the market to digest this week, and we started with paused action which eventually gave way to buying. The week provided lots of high probability trades for the prepaired and patient morning trader, but the lunch hours and afternoon were much more challenging. It begs one to question what there trading hours could be and reminds me of an ancient Chinese proverb:
If you must play, decide on three things at the start: the rules of the game, the stakes, and the quitting time.
Those are three point any trader should give serious thought to if they plan to take on the elite traders of the electronic markets.
Take a look at the opening swings, and see for yourself the affect they play as price walks along through time.
MONDAY:
TUESDAY:
WEDNESDAY:
THURSDAY:
FRIDAY:
