Recap Consolidation actions within Y+1 and Y-0 as expected until FOMC announcement. Breakout to the upside and filled the open gap above. Closed the week above Y+1 and near week high.
Outlook Y+2 target not tagged yet and should be taken care of quickly next week. Limited upside potential with B+2 potential exhaustion run target.
Many people asked about my strategy of position sizing. I know the standard techniques involve calculating the exact number of contracts based on certain threshold of your trading capital to ...
Lawrence's Comment
Recap
Expected to see lower price and we got that. It turned into a FBO against Y-1 which triggered the Y+1 target. Y+1 only offered a pause. Closed the week ...
Dow 30 Feb 01 to Feb 05 Outlook
Lawrence’s Comment
Consolidation actions within Y+1 and Y-0 as expected until FOMC announcement. Breakout to the upside and filled the open gap above. Closed the week above Y+1 and near week high.
Outlook
Y+2 target not tagged yet and should be taken care of quickly next week. Limited upside potential with B+2 potential exhaustion run target.
Share