The idea is brillant - but the market is not repeating always at the same time.
My view is on the volume on the initial balance. There are times where the
limit is not not reached and no trades are being taken (summer especially).
We could see much more volume this year in the last two months than the
year before. This is a result of the many wars around the world right now.
But making a rule for summer time is a bit risky.
Telling here in the thread that as long price is in daily kumo means staying
at the sidelines if one is a bit risk averse.
Looking at the results described here over the last 2,5 years we are still on
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..the long awaited downmove happened - OUT of the cloud south - means 200 points
south of the bottom of the cloud in the daily chart (@9600).
Of course this is a missed opportunity - but I am never looking back ;D
No trade tomorrow anyway - as the range passed my 150 points limit today also!
Now for the next few weeks down to 9350 is obvious before a pullback could occur
to not more than 9612 as mentioned in earlier posts.
All assumptions out of the Ichimoku settings in the daily.
My next trade will be on friday in a week - so keep on trying.
Have a great week and come back!
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Congrats for 50 points today!!
I did nothing - so nothing lost :-)
But in fact it was the last day of the month and some movement
at this level was indeed obvious.
Next week will give some down again - for tomorrow I would not
recommend to trade.
Have a great Swiss National Day tomorrow!
And a happy long weekend
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