Quietness ahead of Friday's numbers continues. There are great expectations for the numbers so I'm sure we'll be disappointed or surprised. I think this is a number not to trade through for Kiki and me. It has been said that the purpose of the market is to do as much damage as quickly as possible to the most traders. I don't know if I agree with that, but a look at all our trading plans on what to do in these circumstances is certainly worthwhile. There's an expression in the UK: "belts and braces" or "belts and suspenders" if you speak American English. Take double care is the translation. I am.
Trade 1 was one I'm not sure I would have taken without being able to look inside the bar with MarketDelta. These drifting markets can fake me out easily.
Trade 2 was a trade I would normally have taken 2 bars before. Belts and braces.
It was just a hit and run with taking full profits at what is usually the first scale.
You may see variations in my settings on charts. I fiddle with them while I trade to get another view and sometimes I don't set them back when I take the screenshot. The original settings are what I use to trade but have a closer look with lower settings from time to time.
Click to enlarge
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