Isn't it more likely that last nights action was a standard 50% retrace of the move up from the old 920 resistance level?
Is this belief in "paper bugs" improving your trading? If so, how?
Wouldn't we get better results by focusing on trading the market that exists, not the one we want it to be?
This market seems to have got some people completely spooked.
If you are not making money in this market it's time to give it a rest and move on to one that has fewer demons and ghosts.
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