Umm just to be clear, I completely missed this spike, a member of our little group mentioned it so I thought id better take a look. There’s many things we can all learn from these events as I’m sure many have here. Yes many traders would have jumped on.
Good TA does provide reliable entry and more importantly safe exits but what we never know is the range in between as that’s up to where the market wants it to go. But I could also spend plenty of time talking about entering a trade on the right signals only to be closing that trade soon after as it failed. But that’s getting way off topic.
Cheers
LTR Price at posting:
63.5¢ Sentiment: None Disclosure: Not Held
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