Hello Traders,
Another scalping day, but with wider price movements ahead of Powell's congressional testimony on Wednesday and Thursday for further guidance on interest rates.
Other than scalping, I will trade as follows:
Buy @1956.25 and TP 1960, 1965, 1968, 1970, 1973, 1979, 1982, 1985
Sell @ 1943.74 and TP 1940, 1937, 1932, 1925, 1920, 1916, 1911, 1906
Higher risk, more profit; you may buy at 1953.
Wish good luck for all!
Another scalping day, but with wider price movements ahead of Powell's congressional testimony on Wednesday and Thursday for further guidance on interest rates.
Other than scalping, I will trade as follows:
Buy @1956.25 and TP 1960, 1965, 1968, 1970, 1973, 1979, 1982, 1985
Sell @ 1943.74 and TP 1940, 1937, 1932, 1925, 1920, 1916, 1911, 1906
Higher risk, more profit; you may buy at 1953.
Wish good luck for all!
The Market is really scary, try not to overtrade; it is consolidating and collecting liquidity for a long time so far and breakout (Up or Down) could happen anytime.