Not knowing what’s lurking under the bed or in the closet or at the top of the stairs is usually far worse than simply knowing what that monster really is…
Volatility can be a monster…
as much as it can be a motor.
When you have an understanding of the rhythm of the trading day – hour by hour, day by day – you can better understand how much a market may move on economic releases and even at particular times of the day.
I have found from experience that without this information, my currency trading plan is incomplete.
Let me walk you through this in today’s forex video. I think you will find it very useful.
Questions? Comments. Leave them here on the blog!
Follow Raghee Horner (aka Queen Cleopiptra) into her kingdom of forex and futures. Get the best techniques and tactics for trading currencies, futures, and options.
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