Opposite Close in Dir of Cycle Move -
How many times have you been in a trade and got shacked out because the bar close against the move? I bet a lot of times. It happens to us too. So, we needed to learn from this and we did.
Most 4 to 9 bar cycle moves are NOT straight up or down. They have opposite closes along the way.
How to trade this model?
We suggest to be aware of this and see it for what it is worth. This model also is a Jordan Entry.
Past performance is not necessarily indicative of future results.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.