There is always a point where after big move up/down its getting stopped and it puls back a little, even if indicators and charts show it should go down/up more then it did, some traders start to close opened positions because they think its going to get reversed and they loose profit. And after that psyhological barier is reached and part of open trades is closed it makes the right move. I took part of that closing few times and every time i`m getting even more convinced that it does work that way.
After that im getting that weird feeling that market was waiting for me to close and after that it moves just where i wonted it to go so i would make some profit
After that im getting that weird feeling that market was waiting for me to close and after that it moves just where i wonted it to go so i would make some profit