So guys, today we have the Jackson Hole Summit….thank you No credits for mentioning this.
Below is a description of what this is.
The Jackson Hole Economic Symposium conference is an annual and exclusive central banking conference to foster open discussion about important and current policy matters
How does that affect us?
Look at how price is behaving.
The topics discussed, well word is they won’t be talking about anything impactful but the market maker doesn’t care about that.
The Market Maker will take any opportunity to exploit traders. This could be in the form of a stop hunt which may convince traders to do something. To commit liquidity. Don’t get caught up in this. Let the chaos settle.
Wait till this Summit has been discussed.
If it means you do nothing today…fine.
Cash is also a position.
Mad Love.
T