Sideways markets are a totally different beast. Some are easier to trade than others, and copper was a textbook example of how to execute a very favorable risk to reward ratio trade. I outline exactly how we did it in this video.
I’m not sure it will hold up for the next session, but if it does, we have trading parameters to consider.
I like the workflow of starting an idea on Monday and then following up with on Friday. Let’s see how that worked out for TSLA, and share some ideas on a new ticker we opened some positions on today.
We’ve seen a lot of end of month sector rotation, which has hit everything from tech to gold. Time to buy this tomorrow?