Trading option to exit and reenter on pullback
Hi Billy/Pascal,
I am looking to get advantage of some volatility during Robot stays in the same signal (long or short).
I was considering to exit when 3 day expected target is reached and then reenter on pullback, until Robot signal stays in the same direction. This will give benefit of some inter-days or intra-day volatility.
I was wondering that it is good idea or anyone is already doing same.
Thanks.
Sandy
Short-Term OB/OS indicator
Billy,
Would timing these pullbacks using the very short-term OB/OS indicator that Pascal has described in the past increase the odds of success?
Thanks,
Adam
Short-Term OB/OS indicator
Thanks, Billy. With the market range-bound since February I was hoping there might be a shorter-term timing tool that would help catch the 2-3 day swings in the IWM we've seen.