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Ok here are some more abc`s today as we started heading north...
notice in this case I did the timing with the 0 line cross ( more conservative ) as we can expect more noise at this time of the day... cheers Walter. |
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Walter
Amazing system. Although I am not a huge fan of indicators - Keltner bands definitely have something to value. They're based on price and not in standard deviation of price like Bollinger's. This is just a matter of personal preference nothing wrong with Bollinger Bands.
A couple of questions. In one of your post you said something about placing your stops on pivotal points at the bands. How do you calculate Risk/Reward in terms of the trade?? is t fixed or you go along with how loaded you can go on the trade as volatility between the pivotal point and the entry goes??
Thanks
Raul