DislikedTrading books have been shut for the year now, so no more trades for me until the New Year (unless I see some longer term positional trades I want to get into). Erratic price action and low liquidity (periods of low momentum followed by sharp impulsive moves are classic signs of low liquidity) means it's time for me to enjoy the Xmas festivities.
The following were the technical setups on my immediate watchlist.
Silver - FTB around 31.00.
CJ - FTB around 75.75
CHFJPY - FTB around 83.45.
Gold - FTB around 1677.
UCHF - Technical Confluence...Ignored
Silver - level not hit yet
CJ - level hit, see chart below.
CHFJPY - trade invalidated when price came close to the level before moving away as well as the falling TL no longer lining up with the confluenced S/R.
Gold - level not hit yet
UCHF - level held as per previous charts above.
Well that wraps up this year, like most professional traders I stopped trading the week before xmas and won't be trading again until next week (it is certainly not prudent to be trading during the thin market conditions between xmas and new year - it's a time to relax, put your feet up and spend time with family and friends) and not back to normal sized trade levels until towards the end of January.
I've added some commonly asked questions (and answers!) as well as a better description of the services I offer on the first page of this thread.
I hope everyone who celebrates it had a good xmas and has a good NYE, more from me next year.