Traditional technical analysis focuses on how to trade when a market breaks a significant high or low but never when what happens when it holds up. This is where I come into the picture. I have repeatedly posted these trades because they provide an extremely asymmetric risk reward ratio. During bearish phases, it is important to adapt to the market conditions. It is ideal in the current times to buy low and sell high. If a significant support breaks and then holds up, you can expect a burst of momentum in the coming few days. CEAT has given an exact trade to me once again. When I started writing about trading, I decided to not be charlatan and post anything that I did not believe in. One might see only winners on my page but that's not the truth. Like I have iterated before, I like control my risk reward and not accuracy. This system generates way more losers than you are used to, I would definitely like to add that but the risk reward so huge, with accuracy as less as 10%, it winds up being a profitable system. I personally chalk it up as a personal win. Follow me for more learning ideas.
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