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Hi @alexk1968
it was even before... the down movement did not hold today.
I am looking to see with these relative low volumes today what
tomorrow will be on the plate
It is highly probable that after hours tonight the price is moving up more.
That could lead to a nice friday trade being bounced at resistance at around 11923
and coming down before end of day.
Just let's see...
Price is still in daily Kumo. Some indecision is still seen - which makes trades not easy.
Today is IFO announcement @ 10:00
Looks like the volume is still there.
Then upon the IB a decision about when to start: 9:30 or 10:30
At least all interesting.
Monday Memorial Day.
All influences today's price.
Thanks for asking:
Of course I do NOT trade before IFO numbers because the price can be shaking out any stop loss!
There is one exception in my rules here: shhh - only for you: if price during IB is getting out of
previous days range - then I start on 09:30 already - and before IFO numbers. And as you can
see in the direction of IB candle. Easy - isn't it?
The IFO numbers seem to shine through already at the beginning of the day
Confused.You say you do not trade /have a position over IFO release? But todays release was at 10:00
, but you had a open position between 09:30- 14:30???
