>70% net LONG. Not a bullish setup.
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Disliked{quote} Thanks for the reply, don't really understand the logic behind such trade though, will be interested to see how those ITM put options affect the price next week!Ignored
Disliked{quote} you are experienced trader. I too felt many times, I am experienced trader but met with losses. So I keep my rules simple, price going down, short, going up... then long.Ignored
Disliked{quote} Navk, it is true what you are saying but often the flow can be initiated "from in the range" especially when one of the range extreme fails (picking up sitting ducks) and reverses at the opening of a major hub, then the opposite extreme will not hold making it a trend session or day....only a thought.Ignored
Disliked{quote} I think pretty much any dip got 50/50 odds of either turning into a dump or getting bought up. You can only do so much, i.e. - go with the flow. Generally, what I've noticed at least, if the dip ain't getting bought up 50% through London session it will most likely turn into a dump later @ NY.Ignored
Disliked{quote} New traders trade long when the price going down, take revenge and go long and vice versa. Price going down short it. price going up long it. you will never be disappointed. Taking revenge against the flow will kill a trader or new trader.Ignored