Reading International poised for some gains. RDI This is an exciting company, currently in the early stages of the next impulse. It's a small one, yet, for a time anyway, we will be looking to move up on this one. Fractals never lie.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
RDI
pre release $gvt tdi indicator, testing phase (results)tdi is back and blended with stoch rsi.
i have removed some of the noise from the previous tdi scripts and setup some pre alert aswel as some position calls (L = long, S = short).
with gvt just following the script would of bagged winnings of 28%, 13%, 24%, 3.5% in only 4 trades.
obviously with other TA you could improve those numbers and do a couple more obvious trades but for just the scripts calls it was 4/4 for the last month on 2h tf.
testing on other pairs i have a 5/6 calls but again recognising divergences and EW/fib would improve this. ill keep testing before release to gp.