The last week was quite tough in many markets, with lots of sideways action and the occasional sharp directional moves in-between.
In tough environments, it pays to be VERY patient. Don't push trades. Wait for the A-trades only; the ones which are screaming out to be taken.
One that screams out to me is demonstrated below – a directional move, stall and trap.
Play defensively. If it doesn't move immediately, consider scratching to reassess. Quite possibly you're the one getting trapped!
Happy trading,
Lance Beggs