When you have low volume like we have now, it means one thing
and one thing only.. the prices below us are not very contested
which means there are less trades that have happened on both offer
and bid side. Thus, they are likely to be revisited
73 RSI here long term. 8 gaps below. Psychology being well
trained by keeping it up. As Aerosmith says, its the same ol story,
same ol song and dance. The mind will say its different this time.
I reject that notion and act on risk/reward proposition. I often
have to do what I don't want to do in order to position myself for
the best outcome going forward. The market will try and get me to
focus on crumbs and give up my meal, though I'm not going for the
okey doke.
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Summer Trading
Posted by steve on 16th of Aug 2022 at 08:25 am
When you have low volume like we have now, it means one thing and one thing only.. the prices below us are not very contested which means there are less trades that have happened on both offer and bid side. Thus, they are likely to be revisited
73 RSI here long term.
Posted by fundamentalvalues on 16th of Aug 2022 at 08:35 am
73 RSI here long term. 8 gaps below. Psychology being well trained by keeping it up. As Aerosmith says, its the same ol story, same ol song and dance. The mind will say its different this time. I reject that notion and act on risk/reward proposition. I often have to do what I don't want to do in order to position myself for the best outcome going forward. The market will try and get me to focus on crumbs and give up my meal, though I'm not going for the okey doke.