Model is marked with swing points. I have also added a VWAP model with 4 standard deviation bands versus the price action. Notes on the model show how price returns to neutral throughout the day.
Note that we have had two Monday holidays recently - Juneteenth and July 4th holiday. So the most recent data we have for this pattern is 6/27. Be wary on Monday, as the lack of recent data could mean a significant shift in pattern could be taking place and the model is behind.
Models are built from exported Trading View data and built in Excel. These are intra-day patterns only and do not predict price action.
Happy Trading!
Note that we have had two Monday holidays recently - Juneteenth and July 4th holiday. So the most recent data we have for this pattern is 6/27. Be wary on Monday, as the lack of recent data could mean a significant shift in pattern could be taking place and the model is behind.
Models are built from exported Trading View data and built in Excel. These are intra-day patterns only and do not predict price action.
Happy Trading!
Trade chiuso manualmente
Post mortem analysis of Monday's Model. I calculated a weighted Deviation Percentage for the day today as a way of scoring the model. The model held up pretty well until 12:30,exactly where a major swing point was forecasted to occur. Instead of going up though, it took a dive.The Deviation score is -11.91%. Typically, a good model should be within +/- 15%, and =/1 10% by the end of the month. If you followed the model and swing points, then it did provide some good opportunities
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.