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
reversion to mean - price
DVN, KMI possible RVM candiates
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