Sometimes the simplest ideas are the best. And this one is REALLY simple. For years I’ve stated that my default option with half-day holiday sessions is to stand aside. Let them go. Volume is low and opportunity is most often limited. On those rare occasions when I do trade them, when there might be some…
Monday started with some obvious expectations. It’s a simple plan to start the session. A sideways trend in the pre-market, with clear and obvious range boundaries to trade off (BPB / PB) as the market drives hard for either gap fill or gap continuation. But wait! Do you remember this from back in February? …
We’ve all felt that temptation to move the stop. It’s easy to rationalise, at the time. “It just needs a little more room. And just this once. I promise!“ Here’s the reality though: You weren’t really “giving the trade more room”. You were scared of taking the loss and afraid to admit it. You didn’t…
