The market loves to lie right before it tells the truth. It pushes price just past a level, gets everybody leaning the wrong way, and then snaps back and goes the other direction. If you have ever jumped in on a breakout and watched it reverse on you a candle later, you have met this move. It has a tell, though, and once you can see it, you stop getting caught by it. I have a level I track for exactly this, and the other day it set up about as cleanly as it ever does. Let me show you how it works so you can add it to your own toolkit. So here is the level: It is the 13% Fibonacci, an extra line most traders never even add to their Fibonacci sequence. I use it as a fake out level, and once you have it on your chart

How to Read a Market That Has No Story A market with no news can still move plenty. I am wrapping up a month of trading from France, down to my final few days before I am back in the office this week, and the biggest surprise was the sleep. I was always the gal who bragged that she ran on four hours and a tank of energy, and out here I have slept like it was a competitive sport. Bed at midnight, up at ten, naps in the middle. I think I caught up on about ten years of it, and I am not even a little sorry. Monday had nothing on the calendar to explain it. There was no headline and no data behind it. And it has still moved, gapping up at the open, running, then handing most of that gap back by early afternoon. No story

Greetings From the South of France, You Guys The trade fired yesterday while I was wandering around Monaco. Let me set the scene, because I have to tell you about this place. I am posted up in the South of France right now, taking a little camera rest, and yesterday I took a day trip over to Monte Carlo. There is a beach club there called La Rose des Vents, right on the Mediterranean, and Gucci took the whole thing over for the summer. The loungers, the parasols, the towels, even a little Gucci bicycle by the sand. All of it wrapped in this gorgeous floral print. So I am sitting there feeling extremely fancy, and I find out the story behind the print. It is called Flora, and Gucci made it back in 1966 as a gift for Grace Kelly. Yes, honey, that Grace Kelly, the actress who became