Hello traders. Just taking a look at the 4 hour and it is ugly. As stated on the chart, this is nothing I am trying to speculate a trade on. I will wait for to see what the overnight sessions bring. Plus, I never trade the 1st day of the month. Taking a trade, for me, isn't just buying or selling and hoping it goes my way. Patience is key. I'll wait a week or more for a trade set up. Day, time, what market (London, Asian, NY), as well as news, where the dollar is and so on. Never forget that for you to win a trade, someone has to lose. All I do as a day trader is try to catch the wave ride with good scalp trade set ups. Big G gets my thanks. Be well and thanks for reading this. Trade the trend and never force or rush a trade.
Pip Whisperer
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Pip Whisperer
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.