I don't know about anyone else but I have had a really tough week trading cable. Tuesday was a good day for that nice move down but not being in the GMT timezone anymore meant I missed it. All other days were a mess apart from today's NY session which I simply didn't trade due to risk limitation to keep my weekly loss down.
If you look at this M5 cable chart for yesterday (Thursday) you can see what I mean by mess. I would love to know how anyone else trades days like this? The chart begins at Frankfurt open and ends at London close.
To me it is an almost random series of moves that I simply cannot trade. No defined range, no clear trend.
How did you survive it?
If you look at this M5 cable chart for yesterday (Thursday) you can see what I mean by mess. I would love to know how anyone else trades days like this? The chart begins at Frankfurt open and ends at London close.
To me it is an almost random series of moves that I simply cannot trade. No defined range, no clear trend.
How did you survive it?
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