Certainly acting as a flashpoint here.. Volume is pretty slow, but the market has retraced all the overnight losses, for the most part.. It's probably going to head lower for a bit, but that's the play if you like standing in front of a freight train. always use stops you top calling idiots (i'm talking to myself)...
"Catching the top" is a high reward experience.... that's why traders continue to try. Unfortunately, each attempt is also "low probability".
true...it's not my bag...I used to do that quite often, but now it's just a passing fad for me.. If you do try and do something like this, you just have to keep your stops tight...
looks like we are building that base here...probably heading to 1546... market is too dumb to fall...
Low risk, huge reward, yeah, lottery type... if you are smart enough to keep it low risk, of course... money management, proper stop placement, etc...that's where it becomes an art..