This video takes the same strategy published earlier this week and breaks down the leverage and compounding effect used to achieve a very impressive equity curve.
Disclaimer: This is not a financial advice, trading involves risks, automation even further risks. Do your own due dilligence.
Above all, Stay safe! and Trade safe!
This is a video that describes, at a high level, a strategy I recently implemented and automated. It generates very impressive back testing results ans has proven to be very successful in the last 9 days of actual live trading so far...
Enjoy and let me know your comments.
1) Fit a SuperTrend indicator (By KivancOzbilgic) on a daily chart
2) Fit another SuperTrend on a smaller timeframe ( when 1 and 2 are green then Bullish, 1 & 2 are red then bearish)
3) Use the TTM Squeeze indicator (By Greeny) to determine entry and exit points
4) Adjust the level of fluctuation you are willing to live with by setting a cap on the ATR...
We should see one of the many kinds of topping formations, be it Elliot or head an shoulders.
IF the Indices go up: Bullish Targets 13600, 13800
IF we go down: Bearish Targets 12960, 12,750, 12650, etc
nobody, but the Bilderbergs (Wall Street/Global Billionairs + all Kings and Queens, presidents and Dictators, Military Leaders, Press? CNBC is told...
On March 25th 2021 I posted an Idea that we would go up, towards R3 in the pivots, & weekly VWAP.
We are at R3 after a very bullish long trade. I expect us to go a little higher and then roll over, of course.
Hey guys i realized i made a mistake w last bearish Gartley, it was a bat pattern because B leg only came up to .50 so .886 was trigger, very, very costly mistake, 3-4k mistake, and i apologize i was rushing
4-hour micro-NQ futures contract
Bearish Deep Crab on the daily.
Bearish Crab on the hourly.
Rising Wedge on the hourly.
All fall on top of the 161.8% Fib ext.
Short between 13879 and 13700.
1st Profit Target @ 12462.8
2nd Profit Target @ 11779.4
The NQ is stuck. how many times can you hit new ATH price in 2 days? 5? 10? 20? I watched Sam Zell, Billionaire Investor on CNBC this morning saying what myself and a few others say in the room.
While Retail traders use their stimulus checks gambling in the market, like the cocaine monkey hitting the cocaine button and ignoring food and water till they drop...
I have a long trade on right now, so don't mistake me for what some call a "Bull". Being a Bull or a Bear is a 50% strategy, you will make money half the time in the long run. I trade futures, and on a typical Monday we go UP, so yes I hold longs.
I have a long term trade with the Maximum number of contracts my broker will allow, June contracts. On days like...