Have you been finding that picking winning trades has become way more challenging over the past 12 months?
If so, rest assured your not alone and you’re not imagining things. What’s more it’s not your fault.
In 2 words… “Algo Trading” – These are high frequency computer trading programs used by large hedge funds that can fire off hundreds of trades in the blink of an eye. When an “Algo Trade” happens you’ll tend to see a rapid reversal out of nowhere and this happens constantly and is why the markets rarely trend these days.
Just look at some charts in 2018 and 2019 and you’ll quickly see that the markets are way more chaotic and choppy than ever before.
Pull up any 15, 30 or 60 minute chart and 90% of the time you’ll see a short burst of 10 to 50 pips in one direction and without warning a reversal and a short burst down. This happens over and over again. What’s more, you’ll see that strong clear trends rarely occur.
This kind of price action created by “Algo Trading” has become the “New Normal” which means… If you’re trying to catch a trend, your going to be really struggling.
Here’s a video that goes over “Hit & Run Trading” that will teach you how to successfully trade these markets…