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2% swing moves


I've been doing research for the past six months on fading moves of 2%(ES) off a most recent swing high or low (1H chart). Seems to be very effective, anybody else with experience in this type of setup?
long at 72.25 stop 3
stop 76 followin the1 min bars now 76.25 is stop
out 77.25 thanks mike for the set up