Update From SteadyCapture
Written by Nick McDonald. Published on April 3rd, 2017.
SteadyCapture’s update for the first quarter of 2017:
The first quarter has been a fairly subdued quarter with a little different flavour of price action. I certainly was trading more carefully because of it which I don’t usually do this time of year. Every year is a little different, though. I would characterise the quarter as suffering from ‘Trump Trepidation’ but hopefully, that will wear off soon.
I’d like to see things open up with a bit more consistency of flows and uniformity because there still appears to be plenty of potential for good price action this year. Now that the first US Fed hike is out of the way, and Article 50 and Trump’s first few months in office are out of the way maybe things will open up. Looking forward to the 2nd quarter.
Regards
Jay
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