I guess I should probably say I shouldn't be so quick to move my stop above BE. Notice how the original stop level (89.50) was not touched until Fed announcement (I would have closed out before)
25 touched overnight - initial reaction to the drop completed. If retest of the low zone of yesterday does not produce a bounce, then we go into crash mode. We have not seen the market in such dangerous price action since last August/September! Good and safe trading to all! p.s. still in swing trade mode until after early Oct.
That depends on the edge he's got. If similar setups produce similar returns on 80% of the trades ... it is good enough for me. Edit: Why 80% (as I already received emails asking)? I like keeping most of the $ generated. At 80% on a pay rate like that, I get to keep 60%+ of the money made. The 1% up bounce bias, is a pretty well known statistics and that it is now a self fulfilling thing Initial indication to exit the trade by time (end of day) shows that he is doing a stat trade.
Just one big Bull and bear brawl I think this is going to test YLOD once it peaks. Just need a good entry