Daily Bias + No Trades Today

Daily Bias + No Trades TodayLesson 8 of 105 min read

Wait or stop

A quiet session after a release, the argument for waiting for a later one, and what your own plan does with that argument.

Halfway through the day nothing had reached a zone on any market. That raises a real question about whether to wait for a later session.

The session was quiet

The release had landed in the London hours, and the session after it produced nothing.

Price on gold drifted in a six dollar band for two hours. No zone was reached, no trigger printed, and the marks written in the morning were all still untouched.

A quiet session after a release is a common outcome, not an unusual one.

The argument for waiting

The reasoning is that the currency pairs needed hours to settle after the release, so the readable part of the day was expected later, in the Asian hours.

Register to access everything for free

The course is free. The account is only there to save your place and let us tell you when new lessons land.