DislikedIf you are a technical trader, you cannot ignore news events. You also cannot ignore the movements of the dow. If you are going long based on technicals, and the dow starts going down, you need to know that GJ is going to go down also, regardless of what your technical analysis shows.
If you are in a long-term trade, and the dow movement is not a major event, you can ignore it. However, if you are scalping or working with tight stops, you should close your position. You saw I was able to give 2-3 minutes warning before GJ started down.Ignored
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If you count on hope in any trade ……. Get out of it
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COT: The precious data ignored
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