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Pasta boss, had the right short this morning (up this afternoon), but got stopped out of it for a small loss this morning. Seems we talked about stop losses before and I have used tight ones and wide ones lately and I get knocked out both ways! Tough market right now to trade for me!!
Intraday siding with the sellers is still a right move (me thinks) although the gravity defying market ignored it. very over bought relief rally pull back is at hand, I am not talking crashing, relief buying pressure is healthy. tomorrow sell the rip day trade to continue. day two the early bird got spanked for swing traders, second mouse action tomorrow if the first one got trap for swing crews. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Break morning high but failed to hold up,very bearish price action, today's LOD is key pivot for tomorrow trading, never heard of turn around Thursday tho
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My comments are for entertainment/educational purpose only. NOT a trade advice.