This is not what i had expected but i understand that. there is not enough volume in the market this week .but hopefully later today sine we having NFP.
The volume from that news release might play out in two ways.
1 the market might move in our direction(sell)
2the market might retrace back up. Remember the past few weeks we've been experiencing a strong momentum to the downside. Now the news release might be used to retrace the whole movement to the downside and we get a buy.
Its important to keep a neutral bias in the market
Like how i did in the above paragraph.
Please share your thoughts on this post?!
The volume from that news release might play out in two ways.
1 the market might move in our direction(sell)
2the market might retrace back up. Remember the past few weeks we've been experiencing a strong momentum to the downside. Now the news release might be used to retrace the whole movement to the downside and we get a buy.
Its important to keep a neutral bias in the market
Like how i did in the above paragraph.
Please share your thoughts on this post?!
