Before the non-farm data, the price action had been slowly rising, giving people the impression that a further push by the bulls was basically a sure thing. After entering the trade, naturally the mindset is full of confidence!
After the data, this confidence reaches its peak. After everyone chases higher, a wave of selling pressure comes in and the execution is downright ugly. The good news is that the longs were laid out yesterday, and they managed to capture a 100-point move. No choice—Mr. Liu likes to set up trades on the left side. Small moves and low-volatility, non-challenging price action won’t be publicly posted!
If you’re following the volatility after it starts—once you chase in after the data, you can only get buried. This kind of inhuman price action is something you’ll often encounter. Especially at important data checkpoints, where attention is high: it’s the market sentiment that hides the underlying plan and the risks!
Right now, the price has returned to the level around 4130 from the previous setup. You can enter longs again, with a target of 4290!
After the data, this confidence reaches its peak. After everyone chases higher, a wave of selling pressure comes in and the execution is downright ugly. The good news is that the longs were laid out yesterday, and they managed to capture a 100-point move. No choice—Mr. Liu likes to set up trades on the left side. Small moves and low-volatility, non-challenging price action won’t be publicly posted!
If you’re following the volatility after it starts—once you chase in after the data, you can only get buried. This kind of inhuman price action is something you’ll often encounter. Especially at important data checkpoints, where attention is high: it’s the market sentiment that hides the underlying plan and the risks!
Right now, the price has returned to the level around 4130 from the previous setup. You can enter longs again, with a target of 4290!
