Let's take #DIS as example, trying to walk through the January month bar looking for a #SSS50PercentRule
opportunity. ๐๐งต
This is the context at the end of December 2022:
#trading #TheStrat
opportunity. ๐๐งต
This is the context at the end of December 2022:
#trading #TheStrat
1.
Jan 4: #DIS broke the previous month high ๐
At that moment, the new month bar was a 2up.
If you were particularly aggressive, there was already an entry opportunity with a potential 2u-2d, but we were still far from the middle of the December bar.
Jan 4: #DIS broke the previous month high ๐
At that moment, the new month bar was a 2up.
If you were particularly aggressive, there was already an entry opportunity with a potential 2u-2d, but we were still far from the middle of the December bar.
4.
Jan 19: here we go, first entry opportunity after a bearish inside bar alongside the December bar middle point.
Stop order placed at the low of this 1 bar ๐
let's see what happened...
Jan 19: here we go, first entry opportunity after a bearish inside bar alongside the December bar middle point.
Stop order placed at the low of this 1 bar ๐
let's see what happened...
5.
Jan 20: order triggered, we are in!
.aggressive stop order: high of current daily bar
.most common stop order area: high of previous inside bar (trigger bar)
.conservative stop order: December bar high
Target: December bar low!
Let's go...
Jan 20: order triggered, we are in!
.aggressive stop order: high of current daily bar
.most common stop order area: high of previous inside bar (trigger bar)
.conservative stop order: December bar high
Target: December bar low!
Let's go...
6.
Jan 21: almost no waiting! just 1 session and #DIS triggered the target point with a huge gap down! ๐
The January bar is now an outside bar and the #SSS50PercentRule helped to set up a perfect trade!
Jan 21: almost no waiting! just 1 session and #DIS triggered the target point with a huge gap down! ๐
The January bar is now an outside bar and the #SSS50PercentRule helped to set up a perfect trade!
7.
#DIS monthly bars ๐
#DIS monthly bars ๐
As of 1 February, we'll follow live, one session at a time, the best #SSS50PercentRule opportunities on #spy #stocks monthly bars.
If you like this content, please share and make sure to follow @tradingandata
#trading #thestrat
If you like this content, please share and make sure to follow @tradingandata
#trading #thestrat
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