Markets seem to be optimistic this week and will probably get a little relief on the SPX and NDX.
Risk on this week. Prob eyeing 23k btc before a selloff now.
I closed my shorts - will sit on the sideline in the morning light of the NYSE week opening.
Once a clear pattern is established and emotion fades a bit, I'll probably scalp channel trades only.
No holding positions right now. Lessons learned.
Volatility is high and emotion turns on a dime right now.
Long term short, but this week we'll see some relief I expect unless some news drops.
Watch Oil and NDX for change in emotion and find the news if you're long.
Risk on this week. Prob eyeing 23k btc before a selloff now.
I closed my shorts - will sit on the sideline in the morning light of the NYSE week opening.
Once a clear pattern is established and emotion fades a bit, I'll probably scalp channel trades only.
No holding positions right now. Lessons learned.
Volatility is high and emotion turns on a dime right now.
Long term short, but this week we'll see some relief I expect unless some news drops.
Watch Oil and NDX for change in emotion and find the news if you're long.