Hi Folks.
Over the weekend I got a half dozen or so emails from different traders, all asking the same two questions:
Isn't this the worst price action you've ever seen,
and
Is there any way we can find profitable trades inside this train wreck?
As for the historical perspective, I'm pretty sure this is the worst long streak of lousy price action I've seen in my 15+ years trading Forex. I sat there today during the NY session and watched it take an hour and forty minutes to close a 5 pip Renko box.
An hour and forty minutes. 100 minutes. At a time when both London and New York were allegedly open and trading.
So yes, this is probably the worst I've seen, at least on a non-holiday like Christmas or New Years Day.
And as for the question of what can we do to find profitable trades, well, I might have the answer to that one as well.
Click here to find out: http://www.simple4xsystem.net/Spring2019.html
Jeff
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