FOLLOW ME - "THE IDEA YOU"VE BEEN WAITING FOR" 3.2
Good sign in the strength of the reversal (so far) today.
Correction (so far) has played out within an acceptable range (long positions).
Risk Management:
1st Bell: EMA & SMA cross down (-) (TRIGGERED)
2nd Bell: cross below 200D SMA -1hr freq (Early Exit Longs)(False Bottom Watch)
3rd Bell: cross below pink line(s), signals retest of previous trend lows (False Bottom Warning)
Forecasting Tips:
1) look at the current price position and compared w/ 18 day trend line
2) look at the then 8 month trend line compared with current position and trend
3) evaluate micro & macro state of order book (bid/ask)
...you be the judge :)
Happy Forecasting!
PS please feel free to add supportive / constructive comments for value added education and sharing.
Sincerely,
11:11 Research
Correction (so far) has played out within an acceptable range (long positions).
Risk Management:
1st Bell: EMA & SMA cross down (-) (TRIGGERED)
2nd Bell: cross below 200D SMA -1hr freq (Early Exit Longs)(False Bottom Watch)
3rd Bell: cross below pink line(s), signals retest of previous trend lows (False Bottom Warning)
Forecasting Tips:
1) look at the current price position and compared w/ 18 day trend line
2) look at the then 8 month trend line compared with current position and trend
3) evaluate micro & macro state of order book (bid/ask)
...you be the judge :)
Happy Forecasting!
PS please feel free to add supportive / constructive comments for value added education and sharing.
Sincerely,
11:11 Research
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