Did you have any indication that Gold would make the drop it did today? I had your deviation schedule this morning on gold and new the levels, but this move seemed contrary to all the people in the know. Your Apex Pattern had a short at 8am. I had placed a straddle on the trade and have done well with this method. I guess my question is could I have had any inkling of the largess of this move? Obviously, Apex road it all the way down. I was concerned that the ultimate move would be upward and took a nice profit on the downward move, but nothing like it could have been. I’d be interested in your thoughts.
Gold Deviation Move
darrell
#2
You never know how big it will be…but deviations did define it right at the 3 deviation level which is 99.7 of a move in a day - we usually dont expect more than a 1 deviation move (about 70%)
But it called it perfectly with the deviations and the apex pattern rode it all the way as you said http://screencast.com/t/zZRNpoUW “http://screencast.com/t/zZRNpoUW”