reversion to mean - price gets too extended from short term MA's
such as the 5 and 9 EMA, we have specific triggers and things we
look at for such technical situations as triggers and price
targets.
see my ES example from last night, however works on anything, we
typically look at large candles 50% retracement of, or triggers of
doji candles. Best if you have watched one of the recorded
tutorials to understand all this.
you can also type in RVM on the blog key word search box on the
left hand side and you will see a ton of past previous examples to
look over
DVN, KMI possible RVM candiates
Posted by matt on 8th of Dec 2015 at 04:04 pm
DVN - Chart Link - nice doji on the daily,
DVN - Chart Link - however I'm not in love with the 60 min, so that's something to be aware of
KMI - Chart Link - quite extended from the 9 and 5 EMA
KMI - Chart Link - 60 min not perfect but has some small pattern trying to form
What is RVM
Posted by jmagaia on 8th of Dec 2015 at 04:12 pm
Apologise for this question. But I do not follow day to day the community and most of time I do not have it to read.
But today is holidday in my country, and read a lot.,.. my question:
What is RVM? Some model to see some pattern? Can you explain or Forward me to some page that explain?
Thnaks
jose
Answer: Reversion to Mean
reversion to mean - price
Posted by matt on 8th of Dec 2015 at 04:15 pm
reversion to mean - price gets too extended from short term MA's such as the 5 and 9 EMA, we have specific triggers and things we look at for such technical situations as triggers and price targets.
see my ES example from last night, however works on anything, we typically look at large candles 50% retracement of, or triggers of doji candles. Best if you have watched one of the recorded tutorials to understand all this.
you can also type in RVM on the blog key word search box on the left hand side and you will see a ton of past previous examples to look over
$XLE is outside its Bollinger Band by > $1 and > $2 away from 5 EMA and > $3 away from 9 EMA
Posted by zitron on 8th of Dec 2015 at 04:17 pm