Post by
egaman on Sep 08, 2017 12:14pm
Once in a while I like to show off my powers
I can't be bothered with such a small move. BUT...
Here's a trade I will put down at 75% success rate.
It looks like a lot of sellers will be pushing the sell button once support at .56 breaches. To beat the market, one must be a contrarian. Buy when others r selling, sell when they r buying. Hence, the 75% probability trade would buy at .56 or below and sell at around .61-.62.
It will conincide with the market wanting the Bollinger Bands to contract.
But like I said, I'm always after the much bigger fishes and can't be bothered with such a small price movement...