BLG 2.94% 3.3¢ bluglass limited

Hey guys, I didn't act today as it's a Friday in a pretty...

  1. 13,881 Posts.
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    Hey guys, I didn't act today as it's a Friday in a pretty turbulent market but I thought I'd add the following.

    You may remember I have been critical of the high wicks outside of bollie bands (red circles) and that are sell signals and wait for re-entries. Well the opposite is true and a long wick below bollie bands (green circles) are entry signals.
    Todays wick too far below bollie bands was an entry signal IMO.
    Will now have to wait for a few sessions to see if I'm on the ball or not.

    Don't go too hard on me if I'm wrong, there was only 185k units sold into .033 and it's a crazy market but I've got to have faith in my system as it's right far more times than its wrong.

    Cheers.

    https://hotcopper.com.au/data/attachments/6195/6195992-6c83be5b791930f55de9e3b30309ae26.jpg


 
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