SPOTLIGHT ON THE MARKETS: MARCH
Obviously these characteristics and correlations do break down occasionally (there are no guarantees in trading) so be aware of them but keep them in perspective. Don’t miss an opportunity by getting bogged down and distracted with analysing the correlations in the markets too closely. You are only taking a snapshot at any one time. Ultimately you should still follow your trading plan, utilise your indicators and enter on multiple confirmations, and maintain a healthy risk-reward ratio because money management is key. Never forget that you are a technical analysis trader; when you see a good set up, pull the trigger and take the trade. Don’t let your observations rule your life; let your indicators do their job!