For intermediate term moves.. with the first move over a certain STD on daily the move manifests with usually 2 successive down drafts on daily. Critical for today to close with a huge reversal of yesterday's move.
@Maverick74 since you chose to pick on him, how have your recent trading recents been going? I've tried to find this mystery thread that you've the king of for the past 8 years but can't find anything recent on it. and for the record, I had a decent March, got destroyed in April, and a breakeven plus a few bucks so far in May.
No shit....April was awful. Although a camp away for awhile sounds pretty decent....could it be a nude beach camp where I can just sit around and drink fruity drinks and star at ta ta's all day? That sounds better than band camp.
Had the worst consecutive losing streak in the previous 5 years in April...just a bad luck month. Didn't monetarily hurt that bad, because I had a really decent winner in there right before the bad streak.