up, down and DOWN

automatic trading: 9 trades, 2 win, 7 lose.  Net P/L: -$182(-4.5R).

After two days up/down/up training, today market decided  to break the pattern. It went up to break yesterday’s high, then pull back to make a new intraday low. In last two days, the market jumped up to make a new high, but not today. It sold off hard until it reached 1115 support line.  I could not help thinking the big players trained traders in last 2 days just to set up the trap so today they can sold off in last hour.

nq-12-08-12_4_2008-15-min

uaua-12_4_2008-7-min

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