This is how you do short term and long term at the same time, same instrument, same account.
Sure, there were fireworks in the indices (I am still bearish) but the trade that went below the radar was the US dollar sell-off and the euro short it set up. Here are all the details for the setup.
Two weak (awful in fact) ISM numbers this week, a 92% likelihood the J.Powell & Co. will cut rates on the 30th, and a lot of hopium. A miss in the NFP (what I am expecting) would be enough for the market to test Thursday’s lows. Here’s what is on my Radar.
Shifting the mental transmission is a difficult practice, especially when a market is in chop and offers little by way of directional bias.
