Follow Aggregate Dow, VIX, Dollar Risk-Off, Not One-Day Drops

Talking Points:

• The Dow and S&P 500 put in for their second worst day since Brexit while their weeks are now the worst in nearly seven years
• Lasting trend reversals - especially thematic as in 'risk' - don't happen with just single-day losses but cummulative pain over time
• Technical appeal in Dollar, Yen, Aussie and Kiwi Dollar crosses should be paired to sentiment for trade opportunities

What makes for a 'great' trader? Strategy is important but there are many ways we can analyze to good trades. The most important limitations and advances are found in our own psychology. Download the DailyFX Building Confidence in Trading and Traits of Successful Traders guides to learn how to set your course from the beginning. (https://www.dailyfx.com/free_guide-tg.html?ref-author=Kicklighter)



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