Price has broken key level and my tool tells me there is a 70% chance we touch green marked line and a 30% chance to touch red marked line at the time of the structure being touched The RR here looks reasonable, but better entries can always be searched for. Not trading advice, just an opinion
Price has broken key level and my tool tells me there is a 70% chance we touch green marked line and a 30% chance to touch red marked line at the time of the structure being touched As is evident, this would result in an inverted risk to reward ratio. The best way to use this info will be to wait for a retracement to levels you might be more comfortable with in...
Price has broken out of key area and is in a nice uptrend My probability tool tells me that there is a 70% chance we touch marked level before 126 (also marked). Hopefully this info can help you decide where best to enter/exit if you were considering a trade on this pair. Not financial advice, just an opinion Happy trading.
Hi All, I will be posting ideas more frequently and will be using this tool on all posts so I figured I would make this first incase people become confused about what it means. The tool will only be applied to a pattern that I have been backtesting and have calculated the odds of achieving these levels via 5000 or so backtested trades. The pattern is a reversal...
Hi all, I have recently been working on developing quantitative methods with which to trade. The BTCUSD chart has popped up with one of the reversal patterns that I have developed and studied. The chart shows the violation level and the odds of making it to all these respective levels BEFORE the red line above is hit. Be aware that this pattern is off the 4H, I...
Experimental trades using a sequence pattern I have invented designed to be high winrate but lower reward to risk. Lets see how we go
Experimental trades using a sequence pattern I have invented designed to be high winrate but lower reward to risk. Lets see how we go