Chart Structure is all you need sometimes 0227_Fri_8:20am
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Chart Structure is all you need sometimes 0227_Fri_8:20am
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Sometimes, as a short term trader, won’t even look at UVCMI to initiate a trade.
Did several of those trades successful trades….mainly price bowl breakout.
Here is one I documented ..trade taken 2/25 around 2pm..and is still on going
Using my UVC TAPS/P3 system to book profits..from 180 to 200 range.
Price bowl breakout method ia no brainer method and has been my bread and butter trade especially in PM sector
Combination of UVCMI, right read of Charts with my TAPS/P3 system is powerful system to generate and retain profits.
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This is my 421st post
Hopefully I have given you content to further your investment/trading decision process.
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UVCMI is my Master Indicator calculated from a single proprietary formula incorporating last 60 units of Closing Prices. It can be calculated for any timeframe(hr, day, wk) and is highly visual. Trend interpretation is very easy. Green and red values represent positive and negative momentum.
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Disclaimer:
All my posts are purely for educational purpose only. Please supplement with your own research or consult with your financial advisor. Trade completely at your own discretion based on your Risk Profile.
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