$FLOW is up 5.9 percent today and I am passing on it completely
Daily volume sits at only 2.0M dollars which is 1.4x the weekly average
Size will move this order book and clean exits are simply not likely here
I change my mind only on an hourly close and hold above 0.03400
Or a clean pullback that holds 0.03059 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $FLOW here, or waiting for 0.03059?
#FLOW #RiskManagement
Daily volume sits at only 2.0M dollars which is 1.4x the weekly average
Size will move this order book and clean exits are simply not likely here
I change my mind only on an hourly close and hold above 0.03400
Or a clean pullback that holds 0.03059 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $FLOW here, or waiting for 0.03059?
#FLOW #RiskManagement