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Soultrader

TICK Fades

By Soultrader, in Technical Analysis

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Soultrader    12

Soultrader
Posted

An interesting chart from 12/05 I wanted to share with you all. TICK fades work best in a rangebound environment. In an uptend though, you want to be fading the lower extremes only. Vice versa for downtrends.

 

Notice the profitability on this day.

120506tickfades.gif.a98cfbb9615c5bce35d2d22e407e89cc.gif

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