Trade during quiet market
- JG
- Aug 11, 2017
- 1 min read
As we already know, Japan is having their holiday today and market is so slow throughout the whole day.
But knowing that market has already trading at a crucial level that a Pattern or SLBW will be formed around this trading zone, I decided to stick to this slow market and bear with the trades that I have placed.
At 2:30pm when Nikkei closed their T session, SLBW opportunity appeared. I decided to wait for T+1 to open and set all my limit orders. Such a wonderful setup, I decided to stick with it even though it is slow moving.
At around 4:20pm, all SLBW limit orders are filled.
If you are watching market, you would have noticed the 8:30pm news spike. Snipers would know that the first batch of profit exit missed by 1 tic and got pull back 15 tics. What can we do... NOTHING. Stick with the plan!
At 8:59pm, first batch is cleared.
The balance? just leave it to the market to play out.
Have a nice weekend.
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