The Trader's Perspective

[Qone0]

Hi SD, working and trading a 60 min chart about impossible. As the trade points will occur during the day.

First of all a BB pinch occurs when both bands are going horizontal for a period of time and band width narrows. If you use that term to explain the band opening you will confuse people LOL

BB pinches indicate prices will start to trend. Never use the BB as a trade point when they are pinched. Trade in the direction the MACD histogram cross that is opening the band.

The pattern in the 60 min chart I posted are failures of the bands to turn horizontal. It fails twice the third time the band's turn horizontal.


The pattern is unique to GDXJ, JNUG, JDST. Every stock will have different pattern.


I trade the same size during the sideways action.

Now what did I miss LOL

Ask me anything, anytime.