Virgin hit at 118'02. 2 minute trade - out at 118'04 - nice way to start the day. Please remember that the beauty of virgins is just that - they are VIRGINS. I only take this trade on the first approach. I don't do backtesting but i will guesstimate that you will get at least a 4 tick bounce 85% of the time.
Ok - anybody following this journal knows that other than the title, it is pretty boring. We are seeing fewer virgins and they are being hit with less frequency than prior to my starting this post. I have had to mingle with some promiscuous prices to pass time (and make/lose money) but have found my other trading methods to lower probabilities of success. So..... where am I going with this. I need to add significant size to my virgin strategy. (I am so small that after I violate a virgin she is often still a virgin ) I currently trade 3-5 lots/trade and I think its time to step up to the 8-13 lot level. The issue is that in the past my sudden jumps in size always got me in trouble. What is a man to do???????? p.s. thanks for allowing me to ramble on a public forum. cathartic.
Looking at the attached chart it looks suicidal to take the trade I took today. I feel like I am neo and have found an anomaly in the matrix.
I also feel that if I keep boasting about an anomaly in the matrix that the matrix will send out some drones to rub me out! How do you delete a post!
Yesterday's POC was the same as the previous days 118'02 and was violated up and down a few times in the overnight session. I don't like sloppy seconds so when the far east boys run a train on a virgin I'll pass. The only virgin POC's I see are above at 118'22 from 10/20 and 119'20 from 10/08.