Ok guys, we have managed to fall below 2540 for 3 trading days and then suddenly we have started our week with a huge push up. So, what is this? I will answer very quickly: Wall St. is playing with the fools. And who are the fools? Well, it's up to you answer this question but I think you've got the point.
So, I trade the graph not the news. I believe you guys already notice that. If this movement shows confirmation (standing up to 2650 level), I will trade it upwards, no problem. But be careful, because we have a lot of traps set. Main target will be 2900. Maybe we could be trapped on 2792, so whatever you will trade, set tight stop-losses. This is a bear market, don't be fooled by the news, this is my main advice.
Take care and as always, hit the thumbs up button and feel free to comment!
So, I trade the graph not the news. I believe you guys already notice that. If this movement shows confirmation (standing up to 2650 level), I will trade it upwards, no problem. But be careful, because we have a lot of traps set. Main target will be 2900. Maybe we could be trapped on 2792, so whatever you will trade, set tight stop-losses. This is a bear market, don't be fooled by the news, this is my main advice.
Take care and as always, hit the thumbs up button and feel free to comment!
