A nice dividend trade last night for the end of the year. We actually got a full 100% retracement from the drop at 4.30pm however I am not greedy on these trades and I am happy with booking 50% of the retracement.
Yesterday was a down day but clearly the day was dominated by the bulls. Even though we closed slightly down for the day I treat the day as a false down day. i.e the morning session sold off quickly and then the bulls dominated all day [Signup For Mark's Trading Plan]
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