Weekly summary + Setups Explained
Range of potential setups explained + stops and targets + some fresh stats. (*pinned post)
Week #1-2 results:
I have made few changes to potential trading plan this week. Specifically to trend trades Ta/Tb. I will explain these in the next week summary. So far, very happy with these levels and mechanics which I have already noticed - hopefuly I will be able to avoide apophenian perspective, but that will prove itself in time.
Also, I want to deploy some capital with this strategy. It still might be a bit too early, especially in face of holiday period.
Week #1 results:
Visually explained setups + risk/targets:
*C4 is a contrarian trade off the Resistance 2 or Support 2 level, but it has to be outside of the C3 level.
This is basically how I aproach potential strategies before I deploy any significant amount of cash on it. So, after finding something interesting in the data, I eyeball it for a while - before I even backtest the thing I want to simply like it - yea, not a perfectly quantifiable thing :) then I start to make notes and look for potential applications, if it works I start to define a trading plan (draft one), it all usually takes few weeks. If I still like what I see, I can put some money on it and add as I go.