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One Trader Thinks You’re Silly, Says You’re “A Wannabe Method Actor”
Former FX trader Richard Breslow is back off the weekend and he's got some things he wants to tell y
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He’s a smart guy; Good post!
“Until we break Friday’s low, we’re just having an inside day, and you should treat it as such. The move lower told us two things. That in a trending market, loss of momentum can’t be ignored. You actually have to pay attention. And, despite what you’ve been led to believe, their international status notwithstanding, big companies haven’t yet risen to the status of safe havens in any meaningful sense”
I guess we learned two things.