After last week’s good run, this week is yet again another 0 profit week. There were many temptations especially during after the release of the CPI data and FOMC announcement. However, as the volatility did not trigger any opening or closing of my trades, I decided to stick to plan and not act on an emotional basis. Had I acted, I would have earned at least another 100 USD. But such results can be attributed to luck or gamble, and I know I will burn one day.
This is a boring week. Nothing much to update.
Welfare pack for this week:
Download this week’s CFTC Commitment of Traders (big monies) analysis here.
Read more on what is the CFTC Commitment of Traders report.
Do note that the financial markets are volatile and unpredictable. The above report is only another set of tools to help with our analysis, and by no means is a 100% indicator as to what will follow. It should be used together with other necessary research which a trader or investor should do.
