Jumat, 31 Agustus 2012

Waiting for Godot?

The markets are still in waiting mode for the Jackson Hole speech today. Monday is the Labor Day holiday in the U.S. so we'll probably have some sort of reaction to what is said today. In the mean time, I used my 1 minute chart to trade this morning. As discretionary traders, part of our job is to assess the context and make the appropriate adjustments as volatility and circumstances dictate.




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