This is a probability chart I learned from my friend, he makes bank using similar models so thought I'd give it a backtest and see how it fares with my own personality. Like all of the strategies, my risk adjusted models are flawed because it doesn't take accounts of short term sentiment swings but this strategy is aimed to get the best entries by avoiding consolidation areas.
I might take some trades from this chart here and there.
I might take some trades from this chart here and there.
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Avoiding consolidation + my momentum projection strategy = beast mode
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Keeping eye on both to get an edge.
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Note: The candle closed below, now a candle open below, buy puts.
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My gann levels working, but the orrange lines are kinda sketchy. Im interested to see what we get in this chart.