Jump to content



Photo

Setting up BULLS for another wave down


  • Please log in to reply
20 replies to this topic

#21 slupert

slupert

    Member

  • Traders-Talk User
  • 2,800 posts

Posted 03 April 2020 - 09:17 AM

I' m focused on a european large capitalization stock in order to short it on the bounce's top. Today's action......little time after opening bell +6%.......mid day -1%........two hours before the close +4% ..........close 0%. Now tell me how to trade it. I know that in a longer time frame than the day it will go down a lot, but given that I don' t want to suffer an initial drawdown.........I would like to be precise even though these are not times for surgical precision.

Have you had any civil unrest over there? That would be a complete disaster if they hit the streets. (JMHO)