Don't Speculate on a Dow Bounce, Trade Instead Around Volatility (Forex Trading Video)

Talking Points:

• The Dow put in for its best daily gain in two years while the S&P 500's 1.7 percent close higher was its best since the US election
• Yet, the gaps lower (biggest since 2001 and 2009 respectively) and previous losses reflect on the lack of conviction we can count on
• Volatility begets volatility and should not be interpreted as commitment, meaning traders should not try to pick key bottoms or tops

See how retail traders are positioning in the FX majors, indices, gold and oil intraday using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)



Source: DailyFX - Forex & Macro News (via YouTube)
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