It is a shame that

    ES 4090 backtesting the JP breakout 

    Posted by junkie on 9th of Feb 2023 at 03:20 pm

    It is a shame that it has lasted over a week to undo that spike!

    Yes junkie but if you

    Posted by steve on 9th of Feb 2023 at 03:22 pm

    Yes junkie but if you look closely at ES since then it formed four lower highs supporting the unwind 

    Thanks for that tip, Steve!

    Posted by junkie on 9th of Feb 2023 at 03:30 pm

    Thanks for that tip, Steve! I was looking for a good pattern to sell it but could not pull the trigger. I will remember that a lower high with a flat EMA(18) or even EMA(40) and flat Bollinger Band is a good trigger with good risk to reward ratio.

    Edit: replace EMA(18) and EMA(40)

    Posted by junkie on 9th of Feb 2023 at 03:46 pm

    Edit: replace EMA(18) and EMA(40) with EMA(9) & EMA(18). I confused the colors on that chart.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!