I'm Back...

...and all the more confused. :)) But I think Credit Suisse (311) deserves a hat tip. He was today's sweetheart, buying up aggressively stocks like AP and most of all, EDC. Anyway, This is my second day back from my vacation and I'm missing my freedom already. I don't understand how the market works anymore. Hahaha!! Short-term signal are definitely not working. Case in point, ICT. Bullish yesterday, bearish today. What the... Hmm, I thought before I needed a greater tolerance for drawdowns but that's very uncomfortable for me so I still need to find a system that works. Momentum, most definitely, is no longer working. You need to be smarter nowadays. Haha! :P It's like, when you like someone, you can't just keep on chasing that person or else you'll be left hanging, just like the 10% drop in DMC and ICT a few weeks back. ;)) Mark doesn't know how to follow through. He's a very difficult lover. 

The usual setups I look for are failing. But I did notice something recently that works. It's a setup that would usually scare the pants out of me but why fight it if it seems to be working? It's a sort of bear trap scenario. I confirmed it this morning when CEB rallied. I found it in AP, possibly in DMC, MBT, and AGI. This setup is characterized by an acceleration of the downtrend coupled and/or a bearish candlestick after a bullish one. A rally follows soon after. 

Check it: