A Quickie Before…

…the US stops everything and gets down to celebrating thanksgiving. Not hailing from those parts myself, it’s not something I celebrate. Still, an excuse to not work for a day is always welcome. The markets are closed, so I’ll just have to go out and do something else instead. The sun is due to shine here for the first time in a while, so that’s a bonus. Anyway, here’s a quick trade from Wednesday:

The setup here was not the greatest. It’s always nice to see a clear trend, and here there was clearly no trend. But there was some pretty strong support, and when that went, it went with a bang. So a less-than-brilliant setup ended up providing a nice easy trade.

Happy thanksgiving to all my American readers and trading friends.