We may get a fresh lesson as to why we don't chase the market, but rather let it come to us on our terms.
The EUR/USD leading positive divergence is holding up, as I mentioned there were early signs ES was picking up on it as well.
EUR/USD today
ES after hours is leading positive
A closer look at ES from in line to a leading positive divergence. Most technical traders chase price and call it confirmation, then they wonder why they get whipsawed out of positions the next day or so. We let price come to us on our terms with a better entry and lower risk.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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