Okay method, pretty much locked!!
Using Envelople 5 0.04% and 12 0.06% little bit of wiggle room on the variables I'm undecided as to best fit yet, maybe 5sma think I prefer with, but subject to change!!
Phase 2 to begin, Phase 1 took about 1 year so don't even ask how long phase 2 will go on for.
Phase 2 :-
Work out what trades to take and trades not to take based on these 2 directions and ranges.
( Assume Long and 12's direction is UP )
If 12 has some momo and it's climbing well, then pull backs to low 5 ( today ) have an excellent chance of reversing a fair few times
Long 10131 low of 12's range, 5 is down, might / will 5 drag it lower ?? or will it bounce back to 10140 take or take out the high ??
missed my profit only worth $15 mind, still in, this is LIVE!!
Using Envelople 5 0.04% and 12 0.06% little bit of wiggle room on the variables I'm undecided as to best fit yet, maybe 5sma think I prefer with, but subject to change!!
Phase 2 to begin, Phase 1 took about 1 year so don't even ask how long phase 2 will go on for.
Phase 2 :-
Work out what trades to take and trades not to take based on these 2 directions and ranges.
( Assume Long and 12's direction is UP )
If 12 has some momo and it's climbing well, then pull backs to low 5 ( today ) have an excellent chance of reversing a fair few times
Long 10131 low of 12's range, 5 is down, might / will 5 drag it lower ?? or will it bounce back to 10140 take or take out the high ??
missed my profit only worth $15 mind, still in, this is LIVE!!
