Friday's close @ 16200 has now altered the Count @ 4/X
This now reverts to 1/X.
The reason why is I trail the FIB Counts @ 3/5/8/13/21.
1/X closed @ 186, this was "3" prior closes in the Count.
When this occurs, the Hourly Count remains with the
ST Algo attachment.
_________________________________________________
Could it be a simple overthrow?
Probability is will extend into a New 1/X count of 3 at
Minimum.
This required me to reduce my SELL position from
NQ @ 82.1% to 4.78% Sell Position After Hours.
NQ was our Largest SELL Position @ 22.5% of Capital
allocated to Tech Sell.
It is a Rule, a firm rule when this occurs, regardless of
Position Net. Risk is reduced to less than 5%.
Losses were incurred, part of the process. Limiting
Risk and being disobedient to my System was pure
Gut - it can cut both ways and did for NQ.
_________________________________________________
As December Expiry approaches spreads begin to reach Parity
which provides a more consistent hedge during RTH, during
Globex the Algos widen the speeds to make them far less
useful.
_________________________________________________
This now reverts to 1/X.
The reason why is I trail the FIB Counts @ 3/5/8/13/21.
1/X closed @ 186, this was "3" prior closes in the Count.
When this occurs, the Hourly Count remains with the
ST Algo attachment.
_________________________________________________
Could it be a simple overthrow?
Probability is will extend into a New 1/X count of 3 at
Minimum.
This required me to reduce my SELL position from
NQ @ 82.1% to 4.78% Sell Position After Hours.
NQ was our Largest SELL Position @ 22.5% of Capital
allocated to Tech Sell.
It is a Rule, a firm rule when this occurs, regardless of
Position Net. Risk is reduced to less than 5%.
Losses were incurred, part of the process. Limiting
Risk and being disobedient to my System was pure
Gut - it can cut both ways and did for NQ.
_________________________________________________
As December Expiry approaches spreads begin to reach Parity
which provides a more consistent hedge during RTH, during
Globex the Algos widen the speeds to make them far less
useful.
_________________________________________________
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.