Trading levels for 10/30/2018

Great volatility in the markets, although with more volatility comes more risk, that is why you have to stick to your trading plan and strategy. Today we had a couple of opportunities to enter the market but the risk was higher than what we have written in our trading plan, therefore we had to pass on those trades. Moving forward we have a pin bar in the 1H chart, maybe that will push the market a little bit higher, but until we can make a HH and/or the descending trendline is broken we will maintain our bear mindset.

Please keep in mind that these are not trading signals, use your own analysis before taking any trades.

PLAN YOUR TRADE AND TRADE YOUR PLAN

K.R.S.

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