Remember yesterday I posted the chart below showing how predictable longs were in placing their stops in AAPL and how they were hit hard? How would you like to have been one of them?
There's the stops hit hard because they placed stops at intraday support, about as obvious as you get.
Just as a reminder, this article wrote about stop placement is linked at the top right of the site, it may be worth a quick read so you don't fall victim to these predictable fishing expeditions.
* Placing Stops-What you should consider...
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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