I'm going to to be watching to see how tokyo opens, I want to see how price acts around that 76.4 which is also New york's high. If I could get a hold of 60 on RSI or divergence into the highs followed by some bearish price action then and only then will I take this trade
NOTE: we have tier 1 data from japan at 7:50 PM EST..
Corp Goods Price which traders will be watching because Changes in the Corp
Goods Price often precede changes in the overall Consumer Price Index
Im in at the 88.6. I took this trade at the 886 instead of the 76.4 better
risk reward and I never got a trigger into the trade at the 76.4