Looks very good, we appear to be at the top/bottom of some swings and reversals may be the order of the week. This is a time where we can hold some trades and take much nicer cleaner profits especially if you can get some orders in early.
Already today there were a number of good low risk IBs (none for me though as I was at work) that have gone well past 4:1. As mentioned (here or on DIBs) another way to look at your 1:1 free trade is to place the SL after the market has passed through your 1:1 point. If you got in today early you could be up 4:1 on your full lots if you adopted this method.
Here are some weekly charts
Take care
Razor
Already today there were a number of good low risk IBs (none for me though as I was at work) that have gone well past 4:1. As mentioned (here or on DIBs) another way to look at your 1:1 free trade is to place the SL after the market has passed through your 1:1 point. If you got in today early you could be up 4:1 on your full lots if you adopted this method.
Here are some weekly charts
Take care
Razor
Attached Images