In this video, part 2 of the day's NY trading, NAS and Gold were triggered. Should be one or the other but for demonstration purposes, both were taken. Thankfully both are at breakeven. However, it's not been the kind of day that we would have hoped for. Really choppy out there as has been the entire week - horrible conditions despite catching some good high-quality setups and positive outcomes.
Anyway, we have had all of the catalysts that were on offer today with the UMich December US prelim consumer sentiment 66.4 vs 65.0 expected that should have been immediately positive for the US dollar, Instead, there was a barroom brawl that came of it before the final break out in the US Dollar for fresh highs on the day. This triggered the NAS and Gold shorts.
Tareggted daily ATRs on both. However, we are now in the corrective territory and will not be surprised if breakeven stops are triggered, considering the current conditions of the market - horribly choppy!!
Anyway, we have had all of the catalysts that were on offer today with the UMich December US prelim consumer sentiment 66.4 vs 65.0 expected that should have been immediately positive for the US dollar, Instead, there was a barroom brawl that came of it before the final break out in the US Dollar for fresh highs on the day. This triggered the NAS and Gold shorts.
Tareggted daily ATRs on both. However, we are now in the corrective territory and will not be surprised if breakeven stops are triggered, considering the current conditions of the market - horribly choppy!!
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
Follow me at FXStreet: fxstreet.com/author/ross-j-burland
Come on over to my YouTube channel and Level Up your trading! 💸💸 @TradeTheORB, Like and Subscribe.
Follow me at FXStreet: fxstreet.com/author/ross-j-burland
Come on over to my YouTube channel and Level Up your trading! 💸💸 @TradeTheORB, Like and Subscribe.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.