PRS LIVE TESTING #4 TRADE OF THE YEAR PART 2 (CLEARER MAP)
SOME ONE JUST NOTIFIED ME THAT MY LAST CHART DIDN'T MESH WITH THE COMMENTS, SO HERE IS A BETTER VIEW. BASICALLY:SELL NOW, REBUY IS FRIDAY/MONDAY AROUND 1805-1810.
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This (right above) was the last one I posted with the buy circle too far to the right and the possible second peak also too far to the right.Note
And here the reasoning for the sell/rebuy. Note
NOTE: PRS IS AN INTERMEDIATE TRADING SYSTEM AND I AM NOT A TACTICAL TRADER. THAT SAID 1840 IS A GREAT TACTICAL SHORT BUT I AM NOT RECOMMENDING THAT TRADE JUST FOR THOSE THAT ARE CONFUSED.TACTICAL MEANING SHORT TERM OR DAY TRADING, I.E. WATCH IT LIKE A HAWK.
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IMPORTANT: PART 2 CAN TAKE 40 DAYS. SO 7 WEEKS AS OPPOSED TO THE REGULAR 2 WEEKS. THE REASON IS TRADING OUT OF THE FINAL MOVE IN A RALLY IS IMPOSSIBLE. THERE IS ONLY STRATEGY: BUY AND HOLD. The targets right now are 1910 and 2040, Part 2 and Part 3.
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To clear this up: both part 2 AND 3 together takes 7 weeks. All done by 9/7.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.