Today the 50% retrace failure worked and proceeded to retrace the ENTIRE previous "RUN" just like they are supposed to. ( a change in sentiment) Yesterday the 50% did not fail and we had that late final run down. Gotta love the way your KISS signals work either up or down.
SEP vol now in command, tomorrow it is SEP
Not gonna put in SEP ER2 because it is going over to ICE. fugeddaboutit
oats are 4.05 a bushel, do not ged a horse to replace the car.
Another possible failure swing here, if it doesn't work then at least stop is smaller than potential reward, may not work as 5 is signalling a TL break
Reward already > than risk on that set-up, ImPO it only needed no more than 1 point stop.
I remember when I lost my account a while back on day like today averaging down a massively overleveraged long position. That day was imprinted in my memory for hopefully quite a few years.