ES Levels 10/12 - Sideways grind into CPI
Just as we thought, today was a sideways grind without any real action other than on the 1 minute where a few scalps could be had. Overall the bulls and bears fought with no clear victor.
Totally understandable given what's coming tomorrow - the CPI report. See the post from yesterday and I explain a little more about it. It comes out early in the day. No matter what it says I suggest letting the market settle in for 15 - 30 minutes until you make a trade as there are likely to be some competing ideas at work and it'll cause an immediate overreaction (whether bearish or bullish) I think.
Still sick with Coronavirus so no video again today. Take care everyone.
Totally understandable given what's coming tomorrow - the CPI report. See the post from yesterday and I explain a little more about it. It comes out early in the day. No matter what it says I suggest letting the market settle in for 15 - 30 minutes until you make a trade as there are likely to be some competing ideas at work and it'll cause an immediate overreaction (whether bearish or bullish) I think.
Still sick with Coronavirus so no video again today. Take care everyone.
Indicators and algorithms at tradersultimateedge.com
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Trade automatically from TradingView with an algo at gettradeconnect.com
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Indicators and algorithms at tradersultimateedge.com
Trade automatically from TradingView with an algo at gettradeconnect.com
Trade automatically from TradingView with an algo at gettradeconnect.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.