DislikedI must have seen 25 different reasons for taking a long or short position right now.
All of them sucked.
Taking a position prior to the first 'real' session is gambling.
That won't stop most of you... then again... most of you won't be here next year at this time.
MikeIgnored
Today was a quick short off gj 203.80 , covered 203 and eu 1.4760 , covered 1.4730
by watching volume you can see what is going on , the bounce off 202.80 on gj was a good one , was not ready for trade so did not have CAR order ready
Right now on the consolidation zone eu at 1.4720 there is bullish volume divergence on 10 min , but that alone does not mean it is going to go up as most of the ticks are negative.
As long as a trader knows that early Asian sessions traps are often set ..... today might just have been one of them . You can use these to your advantage ( play the bounces .. the one on gj is 45 pips so far)
Blogging daily now at www.volume.zone