Low volatility is a major source of frustration among many traders as the amount of opportunity to trade – or should I say, make ‘good’ trades – diminishes. Frustration generally only breeds one thing – more frustration. We can’t control how the market behaves just as we can’t control the outcome of our trades, but what we can control is how we react and conduct ourselves. Volatility ebbs from low to high and back again, across all time-frames. ...
Talking Points: -The Psychology of Gaps -When the Gap Doesn’t Fill -Using the Gap for Future Reference "There are no facts - only interpretation" – Nietzsche In the Forex market, gaps are rare. A gap shows on a chart when an open prints below the prior close. This often happens to a major shift in the market’s understanding of value from the close of the prior session to the start of the current session. The Psychology of Gaps ...