Bait & Switch Monday Wrap Up
Hello ratlings – this time we’ll cover the concept of a bait & switch. You can skip this lesson if you happen to live in the United States.
And there you have it. That divergence in the late session plus the one in the AUD/JPY (5-min chart) was more than enough reasons to head for the exits or to consider a short position. As you can see the ZL however didn’t buy that fast drop either and with good reason as evidenced by the final ramp. Classic woodchipper tape and although I recommend you stand by the sidelines during Mr. Miyaki’s monkey business (i.e. risk on / risk off) if you insist on playing the swings the Zero has you covered.
The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.