I am passing on $FIL today because volume is only 0.7x average
That 2.1 percent bounce looks nice sitting at 45 percent of the daily range but no money is backing it up
I need to see an hourly close and hold above $1.0928 before I touch it
Or I want a pullback that holds $1.0215 and actually bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $FIL here or waiting for 1.0215
#FIL #RiskManagement
That 2.1 percent bounce looks nice sitting at 45 percent of the daily range but no money is backing it up
I need to see an hourly close and hold above $1.0928 before I touch it
Or I want a pullback that holds $1.0215 and actually bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $FIL here or waiting for 1.0215
#FIL #RiskManagement