This is an interesting way to look at this issue using an everyday comparison. More here – Visual Capitalist.Details
Interesting to note the number of times the S&P 500 has a had a gap reversal out of a downtrend in recent times.
I was going to post the chart below as candidate for the most boring chart of the year alongside the USD/CHF but a wee bit can happen in 24 hours. The S&P 500 has had no net effective gain since 06/2015 which does make it a long time between drinks for long equity traders. When I…Details
Source – Visual Capitalist
It does seem as if every time I open my junk mail folder I get another invocation to partake of yet another magic trading system. I should note that this sort of thing has been around forever, the only thing that changes is the vehicle which alters in order to capitalise on whatever topic is hot.…Details
One of the joys about having been around since Adam was a pup is that you get to see lots of things come and go. On a regular basis you get to see what the new flavour of the month is and you quickly learn that there are no good or bad instruments just good…Details