How many of you (if you had the capital capacity to do so) would keep buying or selling against the direction of price knowing 90% of the time it would return to your 1st buy or sell point?
Lion behavior is 90% accurate. Figure them out and you will be a 90% as well and then build up your account and join the lions, until then just piggyback them.
My Power Trading Team I seek to put together one day.
A couple of expert technical traders.
A couple of sharp equity analysts that can read and understand a balance sheet inside and out and decipher the facts from the fluff.
A couple of expert option traders.
A couple of c/java...
Jahajee,
Think like the Lions my friend. Remember they are always three moves ahead. Don't think for a moment that they won't use that job reports to their advantage.
When the spread get tight, it's going to pop the other way. Spreads widen, contract, widen contract, support, resistance, support, resistance, trends and noise.