Speculation: Boeing will break above 130
Confirmation: Boeing breaks & stays above 130
Emirates Airline is considering a $30 billion order for Boeing jets
2 trades:
Buy Boeing below 130 (Higher risk as it's not confirmed)
Buy Boeing @ 130 if it stays above
Both for 30 minutes expiration
Result: 1 win, 1 invalid
Buy Boeing below 130: Boeing broke above 130 & expired @ 130.06 at 10:30am EDT
Buy Boeing @ 130 if it stays above: Boeing failed to stay above 130, therefore invalid & not safe to trade
Although we won, it failed to stay above as we expected
Speculations are quite risky as it's not confirmed & we should trade them less
Confirmations would be more accurate as it showed that support @ 130 is weak when it failed to stay above 130
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