We traded our Squeeze signal which fired 21 Dec 9:30 with a secondary trade strategy entry on 23 December. Both trades resulted in wins with the ghost feed forecast that was done on the squeeze proving to be 100% accurate on the hourly chart. Two major learns from this trade:
1) know what combination of squeeze indicators work with a high degree of probability on your particular stock - our proprietary tool looks at 6 squeeze oscillators and determines the best combination to trade. We believe that not all squeezes are equal and you should know what you are trading before doing anything.
2) wait for the entry conditions to be correct. For this trade we waited for a cross over the 21 MA while the squeeze signal remains valid for the 1st trade and we waited for our MA tool to generate a strategy entry signal before adding to the trade.
3) Let your trading platform do the heavy lifting and monitoring
4) Trust the data, your plan and your tools
Happy trading!
1) know what combination of squeeze indicators work with a high degree of probability on your particular stock - our proprietary tool looks at 6 squeeze oscillators and determines the best combination to trade. We believe that not all squeezes are equal and you should know what you are trading before doing anything.
2) wait for the entry conditions to be correct. For this trade we waited for a cross over the 21 MA while the squeeze signal remains valid for the 1st trade and we waited for our MA tool to generate a strategy entry signal before adding to the trade.
3) Let your trading platform do the heavy lifting and monitoring
4) Trust the data, your plan and your tools
Happy trading!
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