Hi traders!

Today was CPI day. You can see on the left the blue box where the CPI news was released. From there, we saw a sell-off and a full retracement after that. The sell-off continued then to a much deeper level. So to describe it, big down, big up, big down.

A couple of trends could be traded normally with entries right of the KEP and EMA. When the bias is switching that quick like today then the best thing you can do is wait and have patience.

Hope you had a good trading day and the swings did not cut you.