As already mentioned in the previous post, the market is currently boring and difficult to read. Many big players are away for the Christmas holidays, so it is absolutely normal to see strange and inconsistent movements. What I would say is this: be extremely cautious until at least 2 January. With the top players absent, the market becomes much easier to manipulate and price action can be illogical, both upwards and downwards. If you decide to trade anyway, go ahead — but with even more caution than usual: smaller sizes, less exposure, no rush. In these phases, protecting your capital is already an excellent trade.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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