A lot of people will call me a nut, well i based this short buy on the idea that DeMark teaches that once a level one trend line is broken is expected that the drop in price will follow, etc.
Well, i shorted as explained in the text I placed on the graphic. I am going to watch carefully my stops and let's see if Fortuna smile on me.
Well, i shorted as explained in the text I placed on the graphic. I am going to watch carefully my stops and let's see if Fortuna smile on me.
Trade active
We are now at $10900, still active and still short as I started.Note
Trade closed manually
Because of market reversing, see Voss Filter, stop trade at 10659, not bad.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.