the first trading day after brexit is naturally quite different compared to "normal market state". when it comes to volume/volatility analysis, we can see the price jumping over several levels like a crazy frog. it is a sign of a strong nervousness at the side of the subjects that are in charge of quoting the limit price at the depth of market. liquidity is disturbed as they move the limits out when the market touches the quoting levels. as a result of that, the volatility increases. in such market conditions i always increase cautiousness and
concentration alongside with decreasing my traded volume.
it was quite apparent to me that there were bigger seller market orders at the lower price today. i preferred short entries. the first two were with small position of 1 contract.
it is noteworthy that the market environment didn´t change since open - the volume stays the same..
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