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Selling on a buy day


There was a good short sale in the crude oil yesterday, using Taylor's Buy Day, High Made First scenario. I wrote about it here: http://www.futuresinsightblog.com/when-is-a-buy-day-not-a-buy-day/
Originally posted by ScottH

There was a good short sale in the crude oil yesterday, using Taylor's Buy Day, High Made First scenario. I wrote about it here: http://www.futuresinsightblog.com/when-is-a-buy-day-not-a-buy-day/


Hi Scott

We have a different cycle and mine for crude was on a SS Day.

My play would have been different since we were below the Buy day low and therefore I would have been looking to long. As we can see from the chart we ended up with 2 chances to long around the average violation for a SS day. So either way both cycle could make you money

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screenhunter01 nov 21 12 33