We are no longer respecting our strong buying continuation algorithms and therefore that tells me we will have a tougher time making new all time highs without further liquidity being built. Keep an eye out for a rejection of the bottom of these stronger daily algos as price attempts (with this bullish CPI data) to reenter them.
Happy Trading :)
Happy Trading :)
Trade closed: target reached:
Yes, All these "lines" are there for a reason
Yes, I can decipher what all these "lines" mean
and Yes, these "lines" work.
Happy Trading All :)
Yes, All these "lines" are there for a reason
Yes, I can decipher what all these "lines" mean
and Yes, these "lines" work.
Happy Trading All :)
Partner & Managing Director
TraderDaddy | The Forex & Options Trading Academy
One-One Trading Mentorship
TheTraderDaddy.com
TraderDaddy | The Forex & Options Trading Academy
One-One Trading Mentorship
TheTraderDaddy.com
Congrats to anyone who took this trade and was prepared for this rejection as we talked about in the video.
#Tapering!