The 76 correction strategy aims to pick up optimal continuation trades into large retracements.
It's a trend following strategy that aims to enter into strong counter trend moves to a 76% retracement of the previous trend leg.
This strategy usually performs best when combined with Elliot wave. Waiting for there to be a full impulsive leg in 5 waves followed by a big ABC correction.
The strategy aims to pick up trades into the "C" point in such a correction.
With a default minimum risk:reward of 1:3 the strategy is expected to breakeven on win rates of 35% or higher.
It's a trend following strategy that aims to enter into strong counter trend moves to a 76% retracement of the previous trend leg.
This strategy usually performs best when combined with Elliot wave. Waiting for there to be a full impulsive leg in 5 waves followed by a big ABC correction.
The strategy aims to pick up trades into the "C" point in such a correction.
With a default minimum risk:reward of 1:3 the strategy is expected to breakeven on win rates of 35% or higher.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。