I don’t try to predict tops or bottoms; I adjust only in the direction indicated by the structure.
For example: $S —a 3.23% plunge over 5 minutes to 0.05766. Getting the direction right is only half the battle; timing is what determines the outcome.
For example: $S —a 3.23% plunge over 5 minutes to 0.05766. Getting the direction right is only half the battle; timing is what determines the outcome.