PRO TRADER: Do you see the HISTORICAL EDGE? PRO TRADER: Yesterday was the last trading day of the month. We closed above the 200D Moving Average.
NEWBIE:...silence....
PRO TRADER: We also closed for a second day down and we closed in the lower range of the intraday.
NEWBIE: And?!
PRO TRADER: This has a significant edge for market. We backtested it since 1996!!! And we see an oportunity you can take advantage of.
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️ This setup has occurred 28 times since 1993! 💎 The 1 day move has had 85% chance of being bullish 🟢 on the next day ( aka market session on 01APR) The average winner has been 2 times larger than the average loser!!