Funny what's happening after the false breaks.
That's on the 1min I have highlighted 4 false reversal. [ATTACH] To solve most false breakout ... From what I've seen (little) Waiting for the...
Yes, I tried buying when low > resistance and sell when high < support. It improves the overall performance of the system. You're closing the...
I have tried with a 10 EMA but all longs were > 10EM and all shorts were < 10EMA. Tried with a 20EMA and it indeed filtered some bad signals and...
What you can do ? Trade discretionary. Then you could wait for breakout confirmation on the other side once you are short. Usually there is large...
Maybe S&R don’t exist but it’s not the point. I don’t use stops but switch btw short & long. Makes sense … Be an investor, not a daytrader.
First problem is support and resistance doesn't even exist. The second problem I see is you're using stops. Of course you're going to get stopped...
Supports are purple and resistances are orange. The levels are drawn programmatically, Agree it’s not beautiful but … The levels are here.
What do you consider support and resistance in that (IMO useless) chart?
[ATTACH] It’s a simple PA system based on reversals, A reversal is a break of support if long, Or a break of resistance if short. It’s a...
The backtests from the 5min were all losing money but yeah, I agree, there should be no difference. I’ll try to backtest another strategy on the...
These are reversals or early breakout but lots of fake reversal and I don't really know how to filter for range yet. Here you can see up to 5...
Breakouts works best if the market is trending. Does your system have criteria to identify if the market is trending? But the 2nd problem you'll...
It's mostly based on market structure (Highs and Lows) Then draw Support and Resistance and Buy Breakouts.
Weekly Newsletter #1214, In this issue: The Week Ahead - Earnings & NFP, Consumer Confidence Futures 102 - Recognizing Chart Patterns Hot Market...
I am not feeling the best today health wise, so I crawled my carcass out of bed late. Started looking at the market late. I decided to take a...
They were just $2.30. I hope you grabbed that.
Look to the charts for some prior resistance or significant high... "double top" kind of thing*... or maybe "backtest from the underside"... like...
Wow FatAss, you are really original, except they have been pushing this for 60 years. Reductio ad Hitlerum: 60 years of Democrats falsely...
(Not specifically for you, but for all readers...) 2 Technically sensible ways to take profits, long example.. 1. Aggressive sell... when...
Separate names with a comma.