Late Monday i spotted this on the fdax, ger30. fancied getting long but didnt want to hold overnight in case it gapped lower.
Often indices give a bull day on the 1st of the month as new money is entered at month starts.
Next day tuesday. price gapped up .. im thinking Bah!!!!!!.. should of got long late monday. price filled the gap and gave me a great entry. I was travelling and my flight was delayed 90minutes, so had that not happened i wouldnt have spotted this.
got long an dextied the to reaction line.
Remember price often goes up on the 1st of the month. not good enough info to just blindly trade longs on the 1st, but if you have other reasons to get long then good to go.
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