Daily Signals #Global Indices 2015 – 04 – 15
Thought of the day: “The great deception men suffer is from their own opinion”, Leonardo da Vinci, late bloomer
- Great traders are not smarter, they have smarter trading habits
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- CYSMMAPA Bullish Weakness 2015-04-15
CYSMMAPA Bullish Weakness 2015-04-15
- Bullish weakness: Longer-term trend is bullish. There has been some temporary weakness, but the uptrend is likely to resume
- Bearish strength: Longer-term trend is bearish. There has been some temporary rally, but the downtrend is likely to resume
- Volatility Channels (Horizontal dotted lines) : 1 Average True Range (ATR) away from the swing
- #X%: this is the distance from the opposite Volatility Channel. For example, in a bullish trend, it would be the distance from the swing low. It can be inetrpreted as a rudimentary 1% equity at risk bet sizing
- Disclaimer: this is neither a solicitation, nor an investment advice