1,2,3 Retracement Bearish End-of-Day Signal Discussion
Rules (via 'Hit & Run Trading'):
ADX must be more than 30 and the -DI more than the +DI.
Three consecutive higher highs or any combination of 2 higher highs and an inside day.
Tomorrow only, sell short 10 cents below today's low.
Initial stop: near today's high.
Thereafter, use a trailing stop.
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