Today we had a RED REPORT release at 8:30AM Eastern time today, that I waited until the release before trading. My first trade was at 8:35AM on a Spike Reversal Trendfade LONG. This trade did not work out my protective stop was hit.
The second trade came 15 minutes after the first one. I went SHORT at 8:50AM Eastern time on a FAILURE to close the GAP and failed SPIKE REVERSAL. This trade went on to target and since my WIN GOAL is larger than my STOP LOSS, then on my two net trades today I came home in the WINNING CIRCLE.
I wish you all the best in your trading. And as always, if I can be of assistance, please feel free to send me an email.
Regards,
David AKA Tiger
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