Trade 3: Accelerate
70% of our decisions are based on current information, and 30% on our foundational components. We sent readers Trade 2, followed by an updated revision.
The entire market pull back has benefited our revision.
Win Rate: 88-90% (adjusted for current conditions)
Specific Rules for Trade 2:
Pullback Identification:
Wait for a pullback of 3-5 points from the recent low of 5646.50
Ideal pullback zone: 5649.50 to 5651.50
Than Short
Stop Loss:
Place the stop loss 2-3 points above the high of the pullback
Maximum stop loss: 5 points from entry
Profit Targets:
Target 1: 5 points below entry (exit 60% of position)
Target 2: 8 points below entry (exit remaining 40%)