Happy Holidays, I hope you all had a good break.
Hi everyone,
I hope you all had a good vacation and enjoyed some time off, I sure did. Although Christmas usually isn’t much of a break… especially when you’re a last minute Christmas shopper like me
Anyway, given the uncertain market conditions I will not be trading the Sunday night set ups like usual. The markets could make some good moves but past experience indicates that these moves can be risky and very difficult to trade, so if you choose to trade these set ups do so with extreme caution as the volume of orders in the market will be considerably less than normal. Break outs can be false on a very sure/typical set up, so be careful and we’ll watch the market this week to see how it behaves. If there’s a surprise in movements then I’ll post our upcoming trades for this week, if not then we’ll just keep an eye on things and play it by ear this week. In past years the week between Christmas and New Years is a very quiet, choppy time that is virtually not trade-able, so we don’t want to mess with that type of situation.
I’ll keep you all posted, Merry Christmas and Happy New Year!!
Jared J.