ALL SHARE - Sink or Swim?
Possible scenarios i will be watching as we approach the important FED meeting and interest rate announcement tonight.
Price action on the lower time frames will dictate the path of least resistance . Fake outs are real and you need to be ready top change sides if the price on the chart justifies it. I call it TMBTM ("the move before the move") .
Trading around these periods can be very volatile so sometimes better to sit on the sidelines until the market has decided on a path .
Happy Trading!
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
$GLOBALPRIME:SA40
Price action on the lower time frames will dictate the path of least resistance . Fake outs are real and you need to be ready top change sides if the price on the chart justifies it. I call it TMBTM ("the move before the move") .
Trading around these periods can be very volatile so sometimes better to sit on the sidelines until the market has decided on a path .
Happy Trading!
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
$GLOBALPRIME:SA40
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.
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.