Pre-market gainers (August 10)
Hi traders, we see a very strong UP movement in the pre-market now and my question is very simple: "Do we really live in communism?" This strong move came after the FED´s meeting, where those guys created another anti-capitalist support mechanisms. I have never thought, that it will happen in America. Be careful of some price Action analysis, because the...
Hi traders, Hope you enjoyed the holidays as much as the lockdown allowed you to! Let's take a closer look at one of my Monday trades. *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was down for the first 1.5 hours and then retraced, spending the better part...