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day trading

An unusual session – results day 4

Trade number 4 was unusual in a number of ways. For the first time ever in a live 5 Minutes a Day Trading month we had an open position at the close in New York. Our quantitative analysis shows this occurred only 5 times over the last year study period. A decline in the daily Average True Range indicator is broadly in line with the pattern of trading we’re seeking (sideways) but a pick-up in volatility would likely help the 5madt cause.


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