Per Jason Pearl's interpretation of DeMark's methodology, the Dow Industrial Index sell signal would get stopped out with bar 13's range added to the top tick of bar 13. So a close much over 12,097.90 would stop out the sell signal. 1.618 times the range is 12,168.95, a more lenient stop, but obviously adding to your risk level. That being said it's so rare to have a monthly, weekly, and daily sell signal line up almost perfectly in all the major indexes...
Thoughts from a private trader. Tier 1 is a reference to pre-flop strategies in Poker, "Tier 1" being the best starting hands. Through years of education, tape reading, market watching, and trading experience, I've created my own methodology for defining and trading "Tier 1" opportunities in the financial markets. I use a variety technical indicators to analyze the stock market, bonds, commodities, and currencies.
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