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Down Gap closed - as long we watch cash hours and range.
That helps to see the now under Kumo (30m) price should/will head more south during next 1-2 days.
Goal 11896 soon.
This first quarter had exceptional results.
With 641 points the yearly 1000 points are not far.
It is obvious to see that the markets came back to normal after
such a long election year in the US.
Hopefully to see more sounding weeks coming.
Even the DAX gained 6% this year we could not see any
Walzer. This might change when new ATH will be reality.
Hi GFIs1, well done on the trading performance to date. I've noticed a couple of your Friday trades, including the latest, did not wait for your IB to show the direction. I recall most Friday trades are opposite of the IB (ie. IB shows the false direction on Fridays). However, this Friday's direction and timing were posted before the IB had finished. Are the usual rules for Friday changing or are there higher order rules coming into play?
Well seen: Friday trades are normally reversals.
But a Friday PLUS the last of month are taken in the direction of IB.
Special rule only for those occasions.
This time I could tell direction really early - as IB went up quickly