Hi Folks,
This short video is a quasi follow up to Jerry’s question and a follow up to when not to trade.
The long story short for me is that when the daily average high low range has been done or mostly done ie. >65% then I have a really low or zero expectation of any further movements based on historical averages and reduces my trading options considerably
What I then have to look for is a significant retracement for my profit potential to come back to me.
Enjoy
Phil
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