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Comment:
Last of month and week, US numbers 14:30
Price yesterday tested daily Kumo from top and made a rebound
Kumo 's bottom now horizontal - a first start of window
to slide through down
Today some vola and some bigger moves foreseen
Comment:
Price again in daily Kumo - second time after february - now
some downmovement underneath Kumo highly probable.
Today started with Gap and high volume.
As price is still in Kumo - some vola and unpredictable moves
may occur.
Only for traders with strong nerves
Updated:
PLEASE consider before posting:
The normal SL settings were not in place (read above comment)
Left some points on the table which does not matter here.
The overall trend is short - but that might take some more
time to see the "breaktrough" foreseen.
Monday had a range of 192 points during cash hours.
Today we have seen 53 points up to now.
This means that trading today will be in a narrow range
and will only make some moves around 9450 - without
any direction.
So the main rule of not trading after a day with range
above 150 points makes totally sense.
So relax and wait for tomorrow.
Well said. This week is really for traders with strong nerves - as stated earlier. The Monday slump
and yesterday's rebound has put price again lower and in sync again.
My proposal would not have been traded today when only ONE day before was >150 points.
I hope the trade will turn out positive.
