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04/18/2018 Market Recap

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Cobra
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04/18/2018 Market Recap

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Cobra
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Posts: 58341
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/18/2018 Market Recap

Post by Cobra »

The day trade today:

I called range day here (viewtopic.php?f=2&t=2834&p=252679#p252679) and provided the range low and range high and I generally don't short range high because short is more difficult than long so the rest should be clear.

The day turned out shorting range high would work, just it's very hard to tell where the range high was (no clear bear signal bar to tell the entry), had to guess, and each rebound made it very hard to hold because the pullbacks were weak, looked a lot like a bull flag.
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