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The New York session usually drives the day's biggest moves, but on U.S. Independence Day, reduced participation creates muted volume and choppy action. Lower liquidity makes it a lower-probability trading day.
The New York session usually drives the day's biggest moves, but on U.S. Independence Day, reduced participation creates muted volume and choppy action. Lower liquidity makes it a lower-probability trading day.
In terms of news and like economic events today, this is what you're dealing with. It is Independence Day. And so everyone and your mom is probably going to be on holiday, at least in the United States. And for those of you who understand anything about the markets, the, you know, the New York markets is usually when the most volatile moves tend to happen. And so today, seeing that there is no news, and for those of you who know anything about the markets, you know that the New York kind of session is kind of the most volatile session of the day. And, yeah, there could just be a chance where we just chop around for the rest of the day or just do a full on reversal. So just keep that in mind that today is not the highest probability day that we could be trading.
