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Am going to post selected trades to forum. Objective is to inform and be informed. Sold GG @ 34.43 Bought GFI @ 11.15 Trade taken intra day. Do not wait for MOC if I like signal What I like about trade: At Layer 2(2.5 SDs as defined by PTF) % -> Mean at near term historical levels...

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Am interested to know how others approach a pair where both have been impacted by negative news(DO missed earnings est. RDC - Analyst downgrade). I viewed the pair as 'news neutral' and took the trade as it was at Layer 2 (as defined by my settings in PTF) and % -> Mean was near historic...