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Today is going to be the same thing. Because of the large up-spike on the first bar of yesterday, we will today go short EVEN THOUGH today's up bar is higher than the day before yesterday's. This skew of the first bar seems to be a problem. When I have some time I will try to write some routines that deduct from it. Just taking the trade at 11:00 EST is cleaner but still has the "problem" of the first bar skew.
So -- Do you go short now or not in light of the first bar skew?
Mr Myx
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