Comedian’s breaking bulletin: $W has breached the 0.019 level.
To the market, a round-number level is just a number; to us, it’s a psychological line of defense.
A quick bit of serious information: large numbers of stop-loss orders often cluster around key levels. If the price breaks through one, those stop-loss orders may all be triggered, and volatility can suddenly spike.
Don’t let a single number throw off your rhythm, and never use borrowed money to test a theory.
These are just opinions for discussion; you’re responsible for your own gains and losses.
To the market, a round-number level is just a number; to us, it’s a psychological line of defense.
A quick bit of serious information: large numbers of stop-loss orders often cluster around key levels. If the price breaks through one, those stop-loss orders may all be triggered, and volatility can suddenly spike.
Don’t let a single number throw off your rhythm, and never use borrowed money to test a theory.
These are just opinions for discussion; you’re responsible for your own gains and losses.