As a novice SwingTrader/Investor I am backtesting my ColorCharts, and I am agreeably surprised looking at my price lines being hit and respected.
I will definitely need to work more in describing in details the reasons of my Bullishness or Bearishness - but for now just relying on the Colorprices has been satisfying for me.
Basically, Red Colorprices I don't Buy, Orange Colorprice putting 25% of the position I am willing to loose, Yellow ColorPrice 50% of the position I am willing to loose, Green Colorprice 75% of what I am willing to loose.
I have a neutral status because It's not the right time to enter on XLM but I'm very bullish, and will add to my position on the pullback.
Choose your colors wisely
#FreeColorChart
I will definitely need to work more in describing in details the reasons of my Bullishness or Bearishness - but for now just relying on the Colorprices has been satisfying for me.
Basically, Red Colorprices I don't Buy, Orange Colorprice putting 25% of the position I am willing to loose, Yellow ColorPrice 50% of the position I am willing to loose, Green Colorprice 75% of what I am willing to loose.
I have a neutral status because It's not the right time to enter on XLM but I'm very bullish, and will add to my position on the pullback.
Choose your colors wisely
#FreeColorChart