Above is the current status of the TF Daily Swing System. It has not added to its long position as you can see. This is a countertrend trade with mixed views among key systems, therefore, position sizes are reduced. I am confident that the system will handle this trade as respectably as possible and will be looking for entries for shorts sometime soon.
I have not been updating the blog that frequently because I have just moved and am getting things setup additionally to working on a significant release of my trade control software and risk management interface within the module.
Schedule for Week of May 4, 2025
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The key report scheduled for this week is the March trade balance.
The FOMC meets this week and no change to the Fed funds rate is expected.
*----- Monday,...
4 hours ago