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If we see strong directional moves on a Tuesday then Wednesday normally is not moving
a lot: means THURSDAY might be the ONE :-)
So I will have a look at Thursday eventually to place a trade - mostly opposite to Tuesday's.
edit 13:18h: prolonging to 16:30h as the trade had not been on track...
attention - meeting in Jackson Hole begins today - discussion about currencies..
@GFIs1 I want to add mini DAX to my trading, I live in Central time zone would you please tell me some pointers...I am mainly swing trading person holding for multiple days. Thanks for all the help herein fio.
Hi bmtrading9
For this case I recommend the longer sideways movements the DAX is doing (see last weeks):
Put a rectangle (box) over the last sideways prices.
Then trade the top to down and vice versa with limit orders.
That saves you time (online) and can be done with low risk.