We scaled the entire 3Y Channel of Profit in a single day (that's actually where they fit, not overfitting this one surprisingly) after hanging around the bottom of the channel for a couple weeks.
Anytime we are below this channel, you should be scaling in a volatility position and above this channel you should focus on scaling out your position. For in between we have all the other more precise volatility models for the finer calls.
Also note that breaking above this channel tends to be a good predictor of corrections, which we are teetering on the edge of right now. Good luck Friday.
Let me know your thoughts! Very fun stuff here B).
Anytime we are below this channel, you should be scaling in a volatility position and above this channel you should focus on scaling out your position. For in between we have all the other more precise volatility models for the finer calls.
Also note that breaking above this channel tends to be a good predictor of corrections, which we are teetering on the edge of right now. Good luck Friday.
Let me know your thoughts! Very fun stuff here B).
Comentário:
Got caught right on the channel top and falling back to mid-channel, narrowly avoiding a breakout and waterfall collapse!
Comentário:
Trapped at mid-channel just waiting to spike!
Data analyst with a passion for best fit lines B)
