Posts Tagged ‘Inverted Hunt Volatility Funnel’
Gilberto also traded short on the AUDCHF on an Inv HVF.
He for safety reasons stepped out of this trade early as he was heading out and is an Intraday trader, this is a 5 min Inv HVF looks like a 1:3 reward was taken inspite of an early exit.
Here is the chart he provided on this – AUDCHF
The key thing to remember here with The Inverted Hunt Volatility Funnels, is that The Target projection should be the amplitude between the L1 (L1 is also the first point for the pattern) and the H1.
I believe Gilberto’s Amplitude for the Inv HVF may have involved a different and larger two points.
Here is my take on the same trade..
I will be covering the Inverted Hunt Volatility Funnel in tonights webinar at 1930 tonight.
See you tonight.
This Inverted pattern has ‘potentially’ provided a 1:9 RR trade before brokerage. A Short at the second chance evening star at $37,20 loss stop $37.30/5 Target $36.20
However a trader would need to be aware of the 5 stages of a break down to exploit this as well as ‘Inverted Hunt Volatility Funnel Trading’.
The webinar on this very topic is Wednesday night at 1930, such is my enthusiasm for this topic, it his how I will be spending my Birthday evening with you.
Large ostentatious offerings and presents are permitted ; -)
I hope to see you there.
PS. Don’t ask the age thingy its past the point of discretion!