Long between 11:00 and 12:00, short between 2:30 - 3:30. For now, this is the only golden rule for trading in this market. Nothing else matters.The rule is so simple that even I am afraid to believe in it. But it is the only way to make money when trading with bots.
Getting ahead of myself again.Stick to the simple rules, stupid.
The slaughter housekeeper are shutting down the exit doors slowly. Bulls, time is running out. Once SPY touch 137, the ride to 136 will be faster than you can ever image.
SPY will be negative in the next 10 minutes.
Here comes the next wave of selling. Watch closely.
Short between 2:30 and 3:30 pm EST.
do you have an automatic trading system ???