63% upside day at noon. UVOL/(UVOL+DVOL); Lowry’s definition. Data per https://t.co/iX5L1DJIjD. Explanation: https://t.co/7TpOm9eA5A.
N. B. Given the modern market environment (inverse ETFs et al) I am beginning to wonder if 90% upside days have become a thing of the past...
@PeterLBrandt Since ~mid-December looks like the ADX trended lower. Price is an obvious b/o here but just curious Peter if you use the ADX in this case as well. Thanks.
The true test of your devotion to your trading process is unflinchingly placing orders in the next signal after multiple consecutive losers
In 2023 I had 19 losers out of 21 consecutive trades, then 2 winners, then four more losers for a total of 4 winners out of 27 trades.