August Volatility at its best.

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Take a very good look at this chart and tell me what you see?

In August, we where told to refrained from taking numerous trades as most market markers are on vacations with their families leave few behind in control of the market. However, this cautious approach is sometimes necessary, Certain days require strategic positioning within the market. On other occasions, selectivity is key when choosing trades; patience is crucial as these trades unfold. This reflects our recent behavior with trades such as Rune, TOMO, BLZ, and others, executed at a swing level. Naturally, there will be days with no trading activity. If you have a few ongoing swing trades that continue to yield results, relish the gains until the market's direction becomes clearer. For now trade safe till we get out of this zone.


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24/08/2023
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