I Can't Make a Friend of the Trend

August 18th, 2019, 08:18 PM

MiniP

care to explain the +.5 deviation lvl your talking about/ how your using it ?

-P

Fridays example of the Deviation move.

August 18th, 2019, 08:31 PM

Here is a closeup of that 1 Deviation price. Using Volume Profile, one can see the accuracy.

August 19th, 2019, 07:17 PM

@WoodyFox I'm not familiar with the strategy, but that looks like its over 3 std dev to me. its outside of the distribution's range.

I use a tool that's a cousin to it, measured moves inside and outside of yesterday's range. Its also a cousin to one of the pivot points tools, because the +/-150% are exactly correlated. I can't take the heat like you do though, so I'll give up at 25% of yesterday's range. 12.5% in bigger ranges like we've had recently.

I Can't Make a Friend of the Trend

Discussion in Psychology and Money Management

I Can't Make a Friend of the Trend