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My problem now is figuring out how far out to buy options when the crosses happen, been making consistently but definitely not maximizing my profits post move
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Spy broke and rejected 21 sma since 10am why not bearish on a gap down and then we fill it and more?that’ll be an easy green candle w 6 straight red daily candles.
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Just like other trading strategies, it’s best to wait for the candle to close. That will help ward off potential fake outs. Won’t catch them all, but it’s safer to wait for the close.