Video by Lesley Mitchell showing how she is trading “reversion to the mean” conditions in the market using the LT Reversion indicator.
My comment on the trade above:
“Lesley, that was a great trade because you followed the setup and the risk management rules perfectly – good job indeed! You deserve all the credit. However, bear in mind that when the VIX is above its weekly 21 EMA (which is the case now) we do not take Reversion trades. So be careful about taking reversion trades in the coming days or weeks due to the increase in volatility, until the VIX has stabilised. Good trading!”