Today, we’re diving into the trading day with a fresh market analysis using the Roadmap software. The market has just opened, and I’ve already spotted a fantastic opportunity to go long. This occurred right before the market opened, so I missed the initial move. However, it’s currently 10:00 AM, which is my preferred trading time as the market typically stabilizes unless there is a significant news event.
Trading Disclaimer: Before we begin, a reminder: trading is risky. Only trade with funds you can afford to lose.
As of now, the market has surpassed a Roadmap zone, making it an ideal moment for trade number one. The opportunity to go short is clear because the market not only passed the Roadmap zone but also closed on the opposite side, indicating that the zone is not holding and the market is strong.
Here’s the reasoning behind the short trade:
We have two potential scenarios when the market surpasses a zone:
To illustrate, here are a few trades using the Roadmap:
It’s essential to:
When the market approaches Zone B to the downside, observe for a potential reversal or continuation:
Today, within just 20 minutes of market activity, several trading opportunities emerged. Not every signal needs to be acted upon; select trades that align with your strategy and market conditions. Always be aware of market volatility, news events, and economic announcements, such as speeches from the Federal Reserve.
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