|
Scalpers use this method all the time, alternately trading both directions against the market (short term action)
We faded the knee jerk sell on cable after yesterdays number as soon as the bid started to hold around 1.6440, then used the opportunity to short v good levels 70. Took profit at 1.6290 and established longs this morning 1.6280 and 70 looking for correction back to1.6350.
|