Happy Taco Tuesday everyone l hope I find you well!
For my longs, today is, as usual, mostly about managing big news risk, scaling in and out accordingly, and a lot depends on what price will do from now till news, but a lot more depends on what happens after, when the sky will finally be cleared of news fever, when blurry muddling news tick dancing volatility will have passed, so basically, I am mostly waiting for dust to settle after news to accept important intraday setups, as I do most times... I have been trading for a couple of hours, scalping the occasional 2-5 pips, and now have a back into 15min range setup, buy stop 0847. But as always, will exit most intraday entries before news, if not all.
Have a great trading day !
For my longs, today is, as usual, mostly about managing big news risk, scaling in and out accordingly, and a lot depends on what price will do from now till news, but a lot more depends on what happens after, when the sky will finally be cleared of news fever, when blurry muddling news tick dancing volatility will have passed, so basically, I am mostly waiting for dust to settle after news to accept important intraday setups, as I do most times... I have been trading for a couple of hours, scalping the occasional 2-5 pips, and now have a back into 15min range setup, buy stop 0847. But as always, will exit most intraday entries before news, if not all.
Have a great trading day !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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