Easy trade: Initial breakout above 7540F was a failure and whipsaw. Second breakout was profitable.
High risk/ contrarian traders: breakdown failure of days low (11.20, 7520F) would be a buying opportunity. By same logic, these people would have covered at 7550F, shorted the market and would have been stopped out.
High risk/ contrarian traders: breakdown failure of days low (11.20, 7520F) would be a buying opportunity. By same logic, these people would have covered at 7550F, shorted the market and would have been stopped out.
No comments:
Post a Comment