5.21.23 This video Is about a palladian trade tonight... Hypothetical. I drive the lines ...Including A grid. I show how the market traded and where there could have been some good trades leading up to this one. With this particular trade as it turns out... both buyers and sellers are essentially if you ticks away from having to trade... but I decided on the short trade even though this trade is a little bit above its open on today's price.... because I thought there was a slight edge for sellers. Generally, I would prefer a little more certainty.... and I fudged a little bit on the stop Because I'm not willing to take a $2,000 stop on a short trade here. However, from A learning point of view... we got to look at gaps, ABCD patterns,135 patterns and how very shallow retracements can portend very large moves.
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