Also, it’s worth noting I ONLY trade consolidations and mean reversion.
Why? It’s trading
#Support and
#Resistance with those trends.
Plus you only need to master pattern to profit consistently. Make that pattern work for you more than 50% of the time, manage your risk so you can endure the ones you miss and you have a mathematical edge.
#Simple #Trends #MeanReversion
Because I have a mathematical edge I don’t pay any attention to all the
#FancyStuff.
No Fibs.
No Flags.
No RSI.
No MACD.
No Ichimoku Clouds.
None of it.😂
I care about channels, wedges (consolidation), and the moving average.
Simple, clean, and with
#Math,
#AutomatedBackTesting, and
#Experience born from
#PayingMyTuition are the tailwinds at my back.