Hello everyone,
News news everywhere! China reopening only to be debunked... Mama miaa...how can you trade this enviroment? Well..you have to be fast and you should not care if bullish or bearish but more focus on what the chart is telling you. I am going in and out very fast because you can get roundtripped.
I put in a quick history lesson about SPX and what happened before and after the dot com bubble and i hope you enjoy it. Technically USD is a very crowded position so the market will react to any good news very fast. Was everything priced in? Probably? At this point i don't know but i see that history can repeat itself. Stay safe and trade carefully
Cheers
News news everywhere! China reopening only to be debunked... Mama miaa...how can you trade this enviroment? Well..you have to be fast and you should not care if bullish or bearish but more focus on what the chart is telling you. I am going in and out very fast because you can get roundtripped.
I put in a quick history lesson about SPX and what happened before and after the dot com bubble and i hope you enjoy it. Technically USD is a very crowded position so the market will react to any good news very fast. Was everything priced in? Probably? At this point i don't know but i see that history can repeat itself. Stay safe and trade carefully
Cheers
Note
And up we go after NFP. A lot of China hopium as well. Enjoy the Friday moves!
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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.
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.