Going into Monday, I'll be looking for shorts in the orange zone and longs in the blue one. The further into outliers price extends, the happier I will be to enter trades.
This means I'm after longs as close as possible to 2900, with backstops at 2898 and 2895. In terms of shorts, I'm mostly watching the 2913 resistance level, but will consider shorts anywhere in the orange zone should price action warrant it...even if it's just for a pullback to 2900.
Buy low, sell high...don't succumb to FOMO ;)
This means I'm after longs as close as possible to 2900, with backstops at 2898 and 2895. In terms of shorts, I'm mostly watching the 2913 resistance level, but will consider shorts anywhere in the orange zone should price action warrant it...even if it's just for a pullback to 2900.
Buy low, sell high...don't succumb to FOMO ;)
Comment:
Denied :D