Conspiracy theory.. Friday was held up purely to generate last Weeks weekly Hammer Bar.. as you say to attract weak hands.. time will surely tell.
Hourly and 30min trended up from 11:30 on but I chose to short 80% of the time.. go figure. 19 trades.. -7 points for the day..
2 day losing "streak" over.. First 6 trades REALLY underline my trade management.. or lack of. After yesterday's EOD drive to 2311 and tank right after close, I was reasonably confident of a short trade.. Took short 2202.25 and came back a few minutes later to see my 2205.25 stop being "threatened"... sooooo closed it for a 1pt loss.. 2205.25 was never reached... Much lower numbers were reached when I awoke this morning and rubbed my eyes 3 times.. Felt less stress today as I cut down my fight with NQ and obediently put my ego aside and went long when told... +13.75 pts. for the day.