Updated on selll at prior low strategywell i would not recommend using the strategy, backtest only good results on
nasdaq 30 min RTH
and CL 30 min ETH
as well as ZS 60 min ETH charts
keep in mind nasdaq as well as other choppy markets don't down down on the first though of prior days low (enter with a limit order on the bar that broke prior low.
soybeans and crude oil
sometimes break prior days low in the morning, so 1 trade per day es enough avoid chop!
A reversal at prior days high is even more unlikely.
Maybe its just current market conditions but shorting is in general more tricky, so consider looking at daily chart patterns and only short weak markets
