Expectations after Higher High Pivot Failure.
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LC the signal is based on Athens time for cable correct? Up to now when cable is almost reaching PDH, this must be one of those rare days it did not work out…
80% is not a static percentage. The probability of a daily level bias also goes through its own cycle due to the change in trading environment. This is why we have to focus on risk management all the time – as long as risk is controlled (i.e. do not bet the farm) you have positive expectancy when leaning on good setups.