Price is always heading toward the Centerline over 80% of time. Who want's to learn more about ForkTrading? ;-)
P!
...here's my old post:
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Price is trying to hold, but the Centerline is still the potential target.
Lighten up the position now would not be too bad, in case the market spikes up. I always keep in mind: Action/Reaction....so a short term up-crash/short-squeeze would not be totally out of mind, at least to me ;-)
Appreciate your comment.
I don't observe fundamentals. I only wanna live in a dark deep cave, hear nothing about news or rumor, and trade from line to line §8-)
If price is stabilising at the Centerline, I hunt for long trades.
For example a risk-reversal with options works nice if the skew on the puts is good.