Hate to say I told them so but i am finished for the night after that gap fill. Its no wonder so many lose on here
Yes you are very right Bear Trap I guess after being down over 300 S&P points there sure was going to be one somewhere.....good luck in your next line of work.
All sing in harmony.. Bear trap.... bear trap.... longs are going to get caught in a bear trap 2 reasons that support the bear trap hypothesis 1. Gold 2. EUR/USD
You longs have no idea what's about to hit. This is just one of those things that is nearly impossible to explain.
And I'm sure you had a great idea that's why you went long and took advantage of the 70 point ES bounce in 1 week or the 70 point ER2 bounce in 1 week, right? Or... you could just wait and hold until you're right. Who cares about making money as long as you'll EVENTUALLY be right.